ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, November 9, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Economy And Business

BREAKING: FG Removes 5% Telecom Tax On Voice, Data Services

“President Tinubu directed the removal of the 5% excise duty on telecommunications services,” Maida said, noting that the change will benefit over 171 million active telecom users across the country.

by NewsOnline Nigeria
September 12, 2025
in Economy And Business, Headline
0
Tinubu, Fani-Kayode

FG has removed 5% Telecom Tax on voice and data services.

 

NewsOnline Nigeria reports that the Federal Government has officially scrapped the 5% excise duty on telecommunications services, a move expected to ease financial pressure on millions of Nigerian subscribers.

The development was confirmed by Aminu Maida, Executive Vice Chairman of the Nigerian Communications Commission (NCC), who stated that President Bola Tinubu personally ordered the removal of the levy during discussions on the Finance Act.

“President Tinubu directed the removal of the 5% excise duty on telecommunications services,” Maida said, noting that the change will benefit over 171 million active telecom users across the country.

ALSO: Dangote Refinery Begins Direct Petrol Supply to 11 States (FULL LIST)

The excise tax was initially introduced in 2022 under the Buhari administration to raise non-oil revenue, covering both voice and data services. Telecom operators were required to remit the tax by the 21st of each month. However, from the outset, the levy faced criticism from operators and consumer advocates alike, who warned it would increase costs for both companies and subscribers.

Telecom operators, already subject to more than 39 different taxes, a 7.5% VAT, and a 2% contribution of annual revenue to the NCC, argued that the excise duty would push the total tax burden on services to roughly 12.5%. The high cost of diesel to power base stations amid unreliable electricity further compounded the sector’s financial strain.

Impact on Consumers

 

Earlier this year, the NCC approved a 50% increase in telecom tariffs to help operators cover rising costs, including inflation, fuel, foreign exchange shortages, and equipment import expenses. Data prices surged: MTN’s 1.8GB monthly plan rose from N1,000 to N1,500, while a 20GB plan jumped from N5,500 to N7,500. SMS rates increased from N4 to N6 per message, and the cost of 1GB of data climbed from about N287 to roughly N431, depending on the plan.

The tariff hikes had already started straining household budgets, particularly for lower-income users who were forced to reduce data usage, switch to cheaper plans, or limit non-essential app usage.

The removal of the 5% excise duty is therefore expected to provide immediate relief to consumers while stabilizing the telecom sector and encouraging continued growth in Nigeria’s digital economy.

 

Previous Post

BREAKING: Dangote Refinery Begins Direct Petrol Supply to 11 States (FULL LIST)

Next Post

FCCPC Recovers Over N10 Billion for Consumers in Banking, Fintech, and Other Sectors

Next Post
FCCPC

FCCPC Recovers Over N10 Billion for Consumers in Banking, Fintech, and Other Sectors

Trending Stories

JAMB Past Questions

Download JAMB Past Questions & Answers PDF From 1983 Till Date [All Subjects]

Nigeria Common Entrance Past Questions

Nigeria Common Entrance Past Questions & Answers | 2011 Till Date

Latest JAMB News

Download Free JAMB Past Questions & Answers In PDF [All Subjects]

WAEC Timetable 2026

Complete Official WAEC Timetable 2026 for School Candidates May/June PDF

Tinubu, Fani-Kayode

BREAKING: FG Removes 5% Telecom Tax On Voice, Data Services

Low JAMB Score

Full List of Nigerian Universities Accepting Low JAMB Score for All Courses for 2022 Admission

Balthazar Wife Video

Another Balthazar Wife Video Breaks Internet (WATCH HERE)

Latest Stories

Dangote

Dangote Admits Refinery’s ‘IPO for the People’ Missed 10 Million Investor Target

Access Holdings

Access Holdings Pays £36.7 Million for UK Lender Zempler as Falling Earnings, 92% Cost Ratio Raise Concerns

Access Holdings

Access Holdings Fined N557 Million by CBN Over FX Breaches and ‘Fictitious’ Forwards

David Mark

BREAKING: ADC Chairmen Demand INEC Remove David Mark From Portal, Threaten Nationwide Protest

Tech Fair 2026

Zenith Bank Awards Record ₦190m to 13 Winners at Tech Fair 2026

ADC Judgment

“Washington Is Watching”: US Firm Warns Tinubu, Keyamo Over ADC Judgment

Zoho Campaigns

Zoho Campaigns Adds WhatsApp Marketing and AI Agent Support

Aig-Imoukhuede

Aig-Imoukhuede Urges African Financial Leaders to Make Capital Count for Productivity

2027 U-23 AFCON Qualifiers: CAF Names Ugandan Referee for DR Congo–Nigeria First Leg

Harry Kane Becomes Europe’s Highest-Paid Footballer After Signing New Bayern Munich Contract

NewsOnline 2026

NewsOnline Nigeria brings you breaking news, politics, the 2027 election, business, world news, entertainment and sports, reported accurately and on time.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Tips: newsroom@newsonlineng.com

OFFICE ADDRESS

Akin Adesola Street, Victoria Island, Lagos
+2348161846326

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria