Tinubu Suspends 5% Telecoms Tax, Defers Finance Act To September 1

President Bola Tinubu has signed four executive orders, including the suspension of the 5% excise tax on telecommunication services, as well as the excise duties escalation on locally manufactured products.

Dele Alake, special adviser on special duties, communications and strategy to the president, disclosed this on Thursday to state house correspondents.