NLC rejects FG’s tax on carbonated drinks, says government to lose N197 billion in taxes

0
94
NLC rejects FG’s tax on carbonated drinks, says government to lose N197 billion in taxes

The Nigeria Labour Congress (NLC) has requested the federal government to discontinue its plans to reintroduce excise tax on in the neighborhood produced non-alcoholic and carbonated drinks. That is because the labour union has warned that the beverage sub-sector will most definitely be losing gross sales earnings of about N1.9 trillion in addition to Firm Income Tax…
Continue Reading…