NLC rejects FG’s Plan to Increase Tax on Carbonated Drinks.

Written by on January 9, 2022

The Nigeria Labour Congress (NLC) is rejecting plans by the Federal Government to increase taxes on non-alcoholic and carbonated drinks.

NLC’s position is contained in a statement signed by its President, Mr Ayuba Wabba, which was circulated to journalists in Abuja.

The government had announced the increased taxes as a way of discouraging over-consumption of sugar, checking obesity, and also generating more money to fund the 2022 budget.

But the union believes implementing increased taxes on non-alcoholic and carbonated drinks, which is one of the provisions in the 2021 Finance Act, will impose more hardship on the citizens.

The NLC, therefore, asked the National Assembly to urgently amend the sections of the Finance Act which re-introduced excise duties on non-alcoholic and carbonated drinks.

Seun Fakorede

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