Tag: Coke
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Bigi, Coke Prices To Increase As FG Imposes N10/Litre Excise Duty On Carbonated Drinks
The federal government has introduced an excise duty of N10/litre on all non-alcoholic, carbonated, and sweetened beverages. Excise duty is a form of tax imposed on the production, licensing, and sale of goods. Zainab Ahmed, minister of finance, budget, and national planning, said this during the public presentation of the 2022 Appropriation Act on Wednesday…