Internet Subscription Could Increase As FG Introduces Additional Tax

About 20 million Nigerians won’t be able to afford to buy an internet subscription following plans by the National Assembly to propose an additional nine per cent ICT tax.

According to the Alliance for Affordable Internet (A4AI), Nigeria, the tax would be collected on top of the five per cent Value Added Tax (VAT) that consumers already pay when they purchase devices and communication services, the 12 per cent customs import duties paid on ICT devices, and the 20 per cent tax levied on SIM cards.

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In addition, mobile operators and service providers will be responsible for collecting consumer payments and must fulfill additional reporting obligations that are likely to increase operational costs and therefore service fees for consumers.

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Daniel Enisan is a content writer at edliner.com. With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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