IMF tells FG to tax fuel, telecom services as revenue gap widens - Businessday NG

IMF tells FG to tax fuel, telecom services as revenue gap widens - Businessday NG

IMF urges Nigeria to extend VAT to fuel and introduce telecom excises to close fiscal revenue gaps. Telecom excise taxes risk raising costs for 150M+ Nigerian mobile users, signaling tighter regulatory headwind for operator capex and regional tech infrastructure investments in Africa.