NECA lauds govt for suspending telecoms tax 



The Nigeria Employers’ Consultative Association (NECA) has lauded the Federal Government for suspending the proposed telecoms tax in view of the economic challenges faced by operators and Nigerians in general.

The Director-General, Mr Wale Oyerinde, made the commendation in a statement on Tuesday.

“We commend the government for suspending the telecoms tax as it has the potential to compound the challenges of the sector and further burden Nigerians.

“At a time when the purchasing power of the citizens is being eroded by inflation and other negative economic indices and the telecoms industry is critically challenged, the best that government can do is to provide relief for the citizens and business owners, notwithstanding its dwindling revenue, “ he said.

Oyerinde urged the government to desist from increasing excise on spirits, alcoholic and non-alcoholic beverages as being proposed.

He said that the increases,if implemented, would not only worsen the…

Source: Vanguard Newspaper