Group urges FG to hike sugary drinks tax to N130 per litre
The Federal Government has been urged to increase the tax on sugary sweetened beverages (SSBs) from N10 per litre to N130. The N10 per litre Excise Duty on SSBs was implemented in 2021 under the Finance Act. Corporate Accountability and Public Participation Africa (CAPPA) has urged the government to include the increment in the 2024 Finance Act. Despite the tax, which …