Telcos Expect Easing of Multiple Tax Burden with Tinubu's Comprehensive Reform Package

Telecommunications operators in Nigeria welcome President Bola Tinubu's comprehensive tax reform package, expecting it to reduce their multiple taxation burden. The reforms are seen as a significant step towards easing financial strain on the sector.

Telecommunications operators in Nigeria are expressing optimism that the comprehensive tax reform package announced by President Bola Tinubu's administration will alleviate the financial burden of multiple taxes currently affecting their industry. The reforms aim to simplify and streamline taxation, reducing the complexity and redundancy associated with various levies imposed on the sector. As a result, operators believe this change will lead to increased competitiveness and potentially boost revenue growth. With these changes expected to take effect soon, the telcos are eagerly awaiting the implementation of the new tax regime.