FG introduces N10 per litre excise duty on carbonated drinks to curb non-communicable diseases
The Federal Government has introduced an excise duty of N10 per litre on all non-alcoholic, carbonated, and sweetened beverages. Excise duty refers to the taxes levied on the manufacture of goods within the country. Speaking during the public presentation of the 2022 budget on Wednesday in Abuja, the Minister of Finance, Budget and National Planning,…
