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