The Federal Government has suspended the introduction of a 5 per cent excise duty on mobile phone calls and data, a tax which was earlier proposed by the Minister of Finance.
The Minister of Communications and Digital Economy, Professor Isa Pantami disclosed this in Abuja during the inauguration of a committee that will review the policy.
According to Pantami, the introduction of excise duty in the telecommunication industry would jeopardise the successes already recorded within the industry.
Other members are the Executive Secretary of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, the Executive Chairman of the Federal Inland Revenue Service(FIRS), Muhammad Nami and representatives of the telecommunication industries.
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