Nigerian OPS Opposes Excise Bill Amendments, Fearing Economic Impact

The Nigerian Organised Private Sector (OPS), including NACCIMA, MAN, NECA, NASSI, has criticized the proposed amendments to the Excise Bill, warning that it could undermine Tinubu's fiscal reform agenda. They argue that the bill's steep excise increases without clear public health benefits could harm businesses and consumers.

OPS urges the National Assembly to withdraw the amendments to maintain the current excise rates for non-alcoholic drinks. The OPS emphasizes the importance of a holistic and harmonized policy approach to ensure economic stability and job creation while improving public health outcomes.