FG dey plans to increase tax on tobacco products to 50 per cent — Official
Di Federal Government FG yarn say dem go increase tax on tobacco products from 30 per cent ad-valorem to 50 per cent as part of measures to control tobacco smoking for di Kontri.
Mangai Malau, Head, Tobacco Control Unit, non-communicable Disease Division, Federal Ministry of Health, reveal dis update on Tuesday, for di National Tobacco Control Budget Advocates Meeting for Abuja.
Malau present paper titled “Overview of Tobacco Control Funding/Budgeting in Nigeria: Why Tobacco Control Budgeting and Funding?”
FOR MORE NEWS: UK Immigration arrest: I no go ever break any law knowingly – Peter Obi
Also, hin yarn say presently, di Federal Government impose a 30 per cent tax on tobacco products but di target na to increase am to 50 per cent in order to meet di World Health Organization (WHO) standard.
According to am, funding for tobacco control must come majorly from taxation. Also, need dey for relevant stakeholders to apply tax measures rightly if dem wan address di issues of tobacco control for di Konrtri.
However, in effectively controlling tobacco and tobacco products for Nigeria, funding na critical component. In addition, di WHO Framework Convention on Tobacco Control (WHO FCTC) recognise am and e dey for di Article 26.
You fit go read di tori on FG tax on tobacco products…READ MORE
