FG dismisses report on new telecomms, fuel taxes

The federal government has dismissed a report suggesting that it was considering new taxes on telecommunications services and petroleum products.
This is contained in a statement issued by the Head of Information and Public Relations in the Federal Ministry of Finance, Efe Ovuakporie, in Abuja on Monday.
The federal government said that the reports misrepresented recommendations contained in the International Monetary Fund (IMF) Article IV Consultation Report on Nigeria.
The government explained that IMF recommendations were advisory and do not constitute government policy or binding obligations on Nigeria.
“The tax decisions in Nigeria are made through constitutional and legislat...