spot_imgspot_img
spot_img

NLC REJECTS FG INCREASE TAXES ON NON-ALCOHOLIC AND CARBONATED DRINKS.

Date:

The Nigeria Labour Congress (NLC) is rejecting plans by the Federal Government to increase taxes on non-alcoholic and carbonated drinks.

NLC’s position is contained in a statement signed by its President, Ayuba Wabba, which was circulated to journalists.

The Government had announced the increased taxes as a way of discouraging over-consumption of sugar, checking obesity, and also generating more money to fund the 2022 Budget.

But the Union believes implementing increased taxes on non-alcoholic and carbonated drinks, which is one of the provisions in the 2021 finance act, will impose more hardship on the citizens.

The NLC, therefore, asked the National Assembly to urgently amend the sections of the Finance Act which re-introduced excise duties on non-alcoholic and carbonated drinks.

Share post:

Subscribe

spot_img

Popular

More like this
Related

Football Legend Roberto Baggio Assaulted and Robbed at Home During Euro 2024 Match

Italian football icon Roberto Baggio was hospitalized on Thursday...

US Bans Russia’s Kaspersky Antivirus Software

The United States has banned Russia-based cybersecurity firm Kaspersky...

Abia Warriors to Clash with EL-Kanemi Warriors in President Federation Cup Final

Abia Warriors of Umuahia and El-Kanemi Warriors of Maiduguri...

NFF Vows Equal Treatment for Supersand Eagles in Global Arena

President of Nigeria Football Federation (NFF), Alhaji Ibrahim Musa...