Skip to main content

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


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! "

Comments

POPULAR POSTS

Oil leak from Agip’s field pollutes Otuokpoti community in Bayelsa – Best Nigeria News

Residents of Ekole Creek in Bayelsa on Wednesday reported a massive oil leak from an oil field operated by Nigeria Agip Oil Company, NAOC, in the state. The News Agency of Nigeria reports that Ekole Creek is around Agbura and Otuokpoti communities in Ogbia and Yenagoa local government areas respectively. They said the spill resulting from the leak destroyed farmlands and aquatic lives in the communities. The residents said that crude oil deposits from the spillage measured about five centimetre thick on the surface of the water. The incident caused some of the residents to troop out to scoop the flowing crude oil. A resident of Otuokpoti community, Cecilia Osain, said the spillage had negatively affected fishing activities in the river. According to her, those who went fishing came back with no catch as the crude oil has scared the fish, crayfish and shrimps away into the high sea beyond the reach of artisanal fishermen. Ms. Osain, who also scooped the crude, said ba...

BEYOND FAILURE by (Godswill Ojumeaka)

BEYOND FAILURE Failure is an inevitable part of goal setting. But what you do with it is what actually matters. There are times were things seems not to be working. When all you see are negative reflections of your self made goals. But it is your tenacity in  the midst of these times that will make you stand out. Importantly, most goals do not come into reality with just a single try. There are times all you see and have are negative results. You just feel like quieting and turning your back at it. But the big questions are: What will you do when failure hits you at the face? What is your response-ability like when you encounter failure? What will you do when you have set a goal to double your income and suddenly you are laid off? What will you do when you have set a goal to improve on your relationship with that special one and all you get is a break up news? My friend, these are real life questions. Do you allow such outcomes to break you of make you? ...