The Federal Government (FG) has commenced implementation of the N10 per litre tax on sugar-sweetened beverages (SSB) aimed at combating non-communicable diseases.
The SSB tax was passed in the Finance Act on 31 December 2021 and due for implementation on June 1, 2022.
Chief Superintendent of Customs, Department of Excise, Free Trade Zone and Industrial Incentives Dennis Ituma, made the disclosure during an interactive session at a Policy Breakfast Meeting organised by the National Action on Sugar Reduction in Abuja.
According to him, the NCS has commenced taxing producers of sugar-sweetened beverages since 1st June 2022.
He further stated, “The implementation of the fiscal…
Source: Nigerian Tribune
