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
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 […]
…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 […]