Video Summary
Nigeria has dropped the 5% excise duty on telecoms services, reversing a policy that made connectivity more expensive for millions of users.. The Buhari administration introduced the levy in 2022 as part of its efforts to raise non-oil revenue. From the jump, stakeholders, including the Association of Licenced Telecom Operators of Nigeria, argued that the duty was unsustainable. The operators already faced over 39 separate taxes, and the additional levy looked like the 5% that would break the camel’s back.. Scrapping the levy could allow telecom operators to reinvest in infrastructure and expand coverage.. Nigeria already lags behind its own 70% broadband penetration target, and freeing up resources could help telecom operators to close that gap.
Video Details
Source: YouTube
Publication Date: 2025-10-09T17:14:49Z
Original Link: Watch the video on YouTube
Full Description
Nigeria has dropped the 5% excise duty on telecoms services, reversing a policy that made connectivity more expensive for millions of users.
The Buhari administration introduced the levy in 2022 as part of its efforts to raise non-oil revenue. From the jump, stakeholders, including the Association of Licenced Telecom Operators of Nigeria, argued that the duty was unsustainable. The operators already faced over 39 separate taxes, and the additional levy looked like the 5% that would break the camel’s back.
Scrapping the levy could allow telecom operators to reinvest in infrastructure and expand coverage.. Nigeria already lags behind its own 70% broadband penetration target, and freeing up resources could help telecom operators to close that gap.
The removal won’t reverse the recent 50% tariff hike, but it does take one burden off operators and the millions of active users who rely on their services.