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Home Tag Archives: Non-alcoholic drinks

Tag Archives: Non-alcoholic drinks

Business

Experts warn against proposed 20% ad-valorem tax on non-alcoholic beverages

By Breezynews
1 December 2022
in :  Business
0
62

As the controversy surrounding the proposed additional 20 per cent ad-valorem tax on non-alcoholic drinks mounts, economic experts have warned of its dire consequences, taking into consideration the devastating effect of the recent N10 per litre excise tax. The experts – Founder/Chairman, Proshare Limited (Nigeria’s foremost Financial Information Hub), Mr Olufemi Awoyemi; and the firm’s Chief Economist/Managing Editor, Teslim Shitta-Bay; …

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