By Nairaland Forum 5% Data, Calls Tariff Hike: Finance Minister Dares Pantami
Minister of Finance, Budget and National Planning, Zainab Ahmed has drawn a battle line with her Communication and Digital Economy counterpart, Isa Ali Pantami over the planned collection of the increased tariff of five per cent on internet data and phone calls.
Against Pantami’s threats to stop implementation of the increased tariff on telecommunication consumers, saying it will scuttle the growth in the sector, the finance minister said government is going ahead to implement the new tariff hike no matter the opposition. She said the five per cent hike has been in the Finance Act 2020, but was never been implemented.
The finance minister made the remarks during a stakeholders’ meeting that was organised by the Nigerian Communications Commission (NCC). She was represented by the assistant director, tax policy in her ministry, Musa Umar. “Henceforth, the five percent excise duty will be collected by telecom operators and payment made to the federal government on a monthly basis, on or before 21st of every month,” the minister said yesterday.
Pantami had rejected the planned implementation of five percent excise duty in the Nigerian telecoms sector. He expressed his disapproval for the policy at a telecom forum in Lagos that was organised by the Nigeria Office for Developing the Indigenous Telecoms Sector (NODITS), an agency domiciled in the Nigeria Communications Commission (NCC).
He said that he would explore every legitimate means to stop the planned five percent excise duty tax on telecom consumers, faulting the timing and process of imposing the tax on the telecom industry, insisting that part of the responsibility of a responsive government was not to increase the challenges citizens were facing.
“I have not been contacted officially. If we are, we surely will state our case. The sector that contributes to the economy should be encouraged. You introduce excise duty to discourage luxury goods like alcohol, but broadband in the telecom sector is a necessity,” he told the gathering in Lagos.
But the finance minister said Pantami cannot claim to be absented in the whole processes that resulted in the Finance Act, which is a product of both the National Assembly and Federal Executive Council (FEC).
Ahmed said Pantami was involved in the making of the Finance Act which spells the said excise tariff hike policy. Therefore, “he could not obviously have had a point in his ‘dissenting views’ even as the National Assembly could not have Read More
Source:: Nigerian Chatter
(Visited 1 times, 1 visits today)
