• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, December 5, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home Business

FG plans To increase tax On Tobacco Products To 50 Percent — Official

Elanza by Elanza
April 19, 2023
in Business
0
FG plans To increase tax On Tobacco Products To 50 Percent — Official
0
SHARES
7
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Federal Government says it will increase excise tax on tobacco products from 30 per cent ad-valorem to 50 per cent as part of measures to control tobacco smoking in the country.
Dr Mangai Malau, Head, Tobacco Control Unit, non-communicable Disease Division, Federal Ministry of Health, disclosed this on Tuesday, at the National Tobacco Control Budget Advocates Meeting in Abuja.

Malau presented a paper titled “Overview of Tobacco Control Funding/Budgeting in Nigeria: Why Tobacco Control Budgeting and Funding?”

RelatedPosts

Dangote Group Set to Become World’s Largest Fertiliser Producer by 2028, Says Aliko

CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

Nigeria Launch Landmark Seed Sector Strategy & Investment Plan To Drive Growth

He said that presently, the Federal Government imposed a 30 per cent tax on tobacco products but its target was to increase it to 50 per cent in order to meet the World Health Organization (WHO) standard.

According to him, funding for tobacco control must come majorly from taxation and there is also a need for relevant stakeholders to apply tax measures rightly if they are to address the issues of tobacco control in the country.

“In effectively controlling tobacco and tobacco products in Nigeria, funding is a critical component. The WHO Framework Convention on Tobacco Control (WHO FCTC) recognises this and clearly stipulates it in Article 26.

“It states that parties shall provide financial support in respect of its national activities intended to achieve the objective of the Convention, in accordance with its national plans, priorities and programmes.

ALSO READ:  UNGA78: Orelope-Adefulire, EU, UN, and Others Highlight Efforts to Accelerate SDGs Progress Through INFFs

“It is also important to state that funding is a major provision of the National Tobacco Control (NTC) Act.

“Section eight of the Act, provides for the Tobacco Control Fund, which shall be used to fund tobacco control activities programmes and projects,” Malau said.

Daily Post

Tags: FGtobacco
Previous Post

Messi Gives Fresh Condition To Return To Barcelona This Summer

Next Post

Shell Removes 460 Illegal Connections On Trans Niger Pipeline

Elanza

Elanza

Related Posts

Dangote Group Set to Become World’s Largest Fertiliser Producer by 2028, Says Aliko

Dangote Group Set to Become World’s Largest Fertiliser Producer by 2028, Says Aliko

by Nathaniel Irobi
December 5, 2025
0

  Aliko Dangote, chairman of the Dangote Group, has announced that the company is poised to become the world’s largest...

CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

CBN Removes Cash Deposit Limit, Raises Weekly Withdrawal to N500,000

by Nathaniel Irobi
December 3, 2025
0

The Central Bank of Nigeria (CBN) has ended the cash deposit limit and increased the weekly cash withdrawal limit from...

Nigeria Launch Landmark Seed Sector Strategy & Investment Plan To Drive Growth

Nigeria Launch Landmark Seed Sector Strategy & Investment Plan To Drive Growth

by Elanza
November 28, 2025
0

Nigeria has taken a significant step toward agricultural transformation with the launch of the Nigeria Seed Sector Strategy and Investment...

Next Post
Shell Removes 460 Illegal Connections On Trans Niger Pipeline

Shell Removes 460 Illegal Connections On Trans Niger Pipeline

Group Congratulates Gov Fintiri, Says He Contested Against Forces Of Darkness In High Places

Group Congratulates Gov Fintiri, Says He Contested Against Forces Of Darkness In High Places

Recommended

Oxford Begins First Human Trial of New Lassa Fever Vaccine

Oxford Begins First Human Trial of New Lassa Fever Vaccine

1 day ago
Insecurity: US Congress Moves To Restrict Sharia Law In Northern Nigeria

Insecurity: US Congress Moves To Restrict Sharia Law In Northern Nigeria

2 days ago

Popular News

  • Gen. Gora Unveils Campaign Office In Jaba LGA  A Head Of 2027 Elections

    Gen. Gora Unveils Campaign Office In Jaba LGA A Head Of 2027 Elections

    0 shares
    Share 0 Tweet 0
  • Police, Council Accused of Backing Illegal Land Deals

    0 shares
    Share 0 Tweet 0
  • DRTS Jabi Officers Hail Yeldu’s Appointment

    0 shares
    Share 0 Tweet 0
  • TSM Publisher Condoles Mayor Igbokwe Over Mother’s Death

    0 shares
    Share 0 Tweet 0
  • The Holy Robe That Covered Evil

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (801)
  • Education (242)
  • Entertainment (326)
  • Health (217)
  • National (2,784)
  • News (9,213)
  • Opinion (360)
  • Politics (1,817)
  • Science (15)
  • Security (411)
  • Sports (525)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform