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The government of Nigeria has revealed plans to bolster its tax base with the inclusion of a new tax bill directed at telecommunications companies. Telecoms in the West African country would be subjected to a 5% tax should the bill be passed. Nigeria plans to introduce a new tax bill targeting telecommunications companies with a 5% tax.The bill aims to implement excise taxes on services such as gaming, betting, lotteries, and telecoms.Telecom services in Nigeria, including postpaid and prepaid services, would be subjected to the 5% charge.The bill, titled, “A Bill for an Act to Repeal Certain …

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