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President Tinubu Abolishes 5% Telecom Tax, Says Policy No Longer In Law

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President Bola Tinubu has permanently removed the controversial 5% excise duty on telecommunications services, a move aimed at alleviating financial pressure on consumers and businesses within Nigeria’s digital economy.

During a media briefing in Abuja, the Executive Vice-Chairman of the Nigerian Communications Commission, Aminu Maida, confirmed that the levy—previously suspended in 2023—has now been fully abolished under the revised national tax laws.

“The 5% excise duty is no longer in effect,” Maida stated. “Initially, it was only suspended, but the President has now completely removed it. I was present when the issue was raised, and he firmly said, ‘No, we cannot place this burden on Nigerians.’ I was very pleased to see that this directive was upheld in the new legislation.”

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