Search

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Advertisement

Excise Duty

New Excise Duty rates for alcoholic beverages, tobacco take effect today

Mathew Dadiya, Abuja The new excise duty rates for alcoholic beverages and tobacco takes effect from today, as approved by President Muhammadu Buhari. The Daily Times recalls that the Federal Government had in March this year granted a grace period of 90 days (three months) to all manufacturers with a view to allowing them comply […]

Increase in excise duty on tobacco, alcoholic products will control abuse – CPC

tobacco

The Consumer Protection Council (CPC) has commended the Federal Government over the recent increase in excise duty on alcoholic beverages and tobacco products, stressing that it would serve as a measure to reduce the risks of abuse and disease in the country. The CPC also applauded President Muhammadu Buhari administration’s consideration for consumers in “granting […]

Alcoholic beverages, tobacco to cost more as FG okays new rates

"Why I Am Running For Second Term" — Buhari

…says no increase in excise duty on other locally excisable products President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June, 2018. The President has also granted a grace period of 90 days (three months) to all manufacturers before the commencement of […]