Skip to main content

The Federal Government has been advised to tax Nigerians for every call above three minutes.

By

The advice came from the Governor of the Central Bank of Nigeria,
Godwin Emefiele, who says it will cushion the effect of the
economic recession.

Speaking at the Annual Bankers' Dinner in Lagos on Friday,
November 18, 2016, Emefiele said the government could raise
about N100billion as additional revenue by introducing the charge.
In his words, " There are several ways we can raise additional revenue
to finance the increased expenditure that is needed to engender fast
and sustainable growth in the economy ."

Speaking further Emefiele said, " I think we can consider introducing
a negligible telecommunication surcharge to be entirely borne by the initiator of a
call. In order to protect the poor and vulnerable amongst us, we could
structure it to only take effect after the third minute of talk.

"Some analysis have indicated that the government could earn about
N100 billion per annum from this alone. Obviously this surcharge will
mainly be borne by middle and upper class people since I do not know
many poor people who make calls for more than 3 minutes! "
Labels:

Comments

Post a Comment

POPULAR POSTS

Moses wins another award

By
Chelsea’s Victor Moses has been named the English Premier League African Player of the Month of November by organisers New African Soccer, AfricanFootball.com reports. The Super Eagles winger  edged Kenya’s Victor Wanyama of  Tottenham and fellow Nigerian Victor Anichebe of Sunderland to win a second straight award in two consecutive months. Moses has flourished in a new  right wing-back role under Chelsea manager Antonio Conte and has been instrumental in  his team being top of the Premier League. New African Soccer in a statement, congratulated the Nigeria winger but also mentioned the competitiveness of the November award, especially in the votes ‘Victor Wanyama, also a one-time winner of the award, put up a strong showing and this was rightly justified, considering his role in Tottenham Hotspur’s early surge which made them the last to be beaten in the League. His move from Southampton was a positive one,” Tunde Adelakun, CEO of New...
Post a Comment
Read more

10 Reasons Why You Should Eat Breakfast

By
"I think if I have a good breakfast, I could go without food for the rest of the day. I think that until about lunchtime." ~ Author Unknown Breakfast is a must for all of us. It is the most important meal of the day. A healthy breakfast is very important for our health and weight management, but not having it at all is the worst option. Eating in the morning is just a matter of habit. Taking 10 minutes to make and eat some healthy food in the morning can be simple . Fresh fruits, oatmeal, whole grain breads with low-fat cheese, or hard-boiled eggs are just some of the quick and healthy breakfast options, which will not take much of your time, however can make a great difference in your health, mood, and looks . Healthy breakfast may be your problem solver , which you have been looking for. Make your morning meal your priority and shortly you will enjoy a new healthy habit. These are 10 reasons, why you should not skip your breakfast and eat healthy foods e...
Post a Comment
Read more