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.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Private Sector Warns Excise Bill Could Undermine Fiscal Reform Agenda
Group Applauds Tinubu's 15% Fuel Import Levy for Economic Reform in Nigeria
Bola Tinubu Stands Firm on New Tax Laws Implementation Amid Calls for Suspension
CPPE Warns Nigeria's Tax Reform Could Harm Informal Sector
Bola Tinubu Stands Firm on Implementing New Tax Laws Amid Public Debate
Tinubu Government Meets KPMG Over New Tax Laws Concerns
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
