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DAILY BUSINESS NEWS BRIEF – Nigerians to pay more for cigarettes, alcohol from today

4
Jun

 

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Nigerians to pay more for cigarettes, alcohol from today
Consumers of alcoholic beverages and tobacco will from today (Monday) pay more for the products as the new excise duty rates approved by President Muhammadu Buhari in March come into effect.The Minister of Finance, Mrs. Kemi Adeosun, disclosed this in Abuja on Sunday.She explained that the new excise duty rates were spread over a three-year period from 2018 to 2020 in order to moderate the impact on prices of the products.Read More…]

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