NLC Rejects FG’s Plan To Increase Tax On Carbonated Drinks

NLC Rejects FG’s Plan To Increase Tax On Carbonated Drinks
NLC

The Nigeria Labour Congress (NLC) opposes the federal government’s plans to raise taxes on non-alcoholic and carbonated beverages.

The position of the NLC is outlined in a statement signed by its President, Mr. Ayuba Wabba, and released to journalists in Abuja.

The additional taxes were proposed by the government as a means of deterring sugar overconsumption, combating obesity, and raising funds for the 2022 budget.

Also Read: No Plan To Lay Off Federal Workers, Says Zainab Ahmed

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However, the union believes that increasing taxes on non-alcoholic and carbonated beverages, which is one of the elements of the 2021 Finance Act, will cause citizens further difficulty.

As a result, the NLC has asked the National Assembly to alter the portions of the Finance Act that reintroduced excise levies on non-alcoholic and carbonated beverages as soon as possible.

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