31.9 C
Lagos
Wednesday, March 22, 2023

Nigeria Increases Tobacco Tax to 30 Percent

Nigeria’s Minister of State for Health, Olorunnimbe Mamora, has said the government increased the tax on cigarettes from 20 to 30 percent in June to dissuade Nigerians from tobacco consumption.

The rate of ad valorem tax was 10% until June 1 when it was raised to 30%. Additionally, the government increased the excise tax on cigarettes from NGN58 for each pack of 20 sticks to NGN84 ($0.20). In 2023 and 2024, respectively, the excise duty is to rise to NGN94 per pack and NGN104 per pack.  

Shisha tobacco’s tax, which is presently NGN3,000 per liter and NGN1,000 per kilogram, will rise by NGN500 per year.  

According to Minister of State for Health Olorunimbe Mamora, “This pro-health tax is a good public health control approach against behavioral risk factors as it can lower demand and use of tobacco products.”  

Also Read: Court rejects Nnamdi Kanu’s Bail Application

“It will also prompt tobacco users to switch spending their resources on tobacco products to healthy alternatives such as education, health and others.” 

In compliance with the National Tobacco Act (2015) and Regulations (2019), the government has also commenced screening and issuing operational licenses to qualifying tobacco businesses.  

The new licensing guideline requires strict adherence to regulations requiring graphic health warnings on tobacco product packaging. 

According to Mamora, about 4.5 million Nigerians 15 years and older use tobacco products, and about 3.1 million are current smokers. 

 

Chinaza Ogbachalu
Chinaza Ogbachaluhttps://www.chinazaogbachalu.com/
My name is Chinaza Ogbachalu, and I am a writer. I have been writing news and opinion articles for five years plus and have always had a passion for storytelling. I grew up in Nigeria and graduated from the University of Port Harcourt, Nigeria, with a degree in linguistics and communication studies. I have written books that have been well-received by critics and readers alike. My work often focuses on culture and lifestyle, and I draw inspiration from my own experiences and observations of the world around me. As a news writer, I am responsible for researching and writing engaging and accurate news stories for our online audience. I have a strong passion for current events and am skilled at conducting interviews and gathering information from sources. I am grateful for the support of my readers and am constantly humbled by their enthusiasm for my work. Thank you for taking the time to learn more about me and my writing.
spot_img

Related

INEC Shifts Governorship, Assembly Polls by One Week

The Independent National Electoral Commission has postponed governorship and...

Episode 10: No Hope in 2023 Elections and Results – Nigerians Cry Out

J2S: Democracy and My Lack of Confidence in it...

Breakdown of 2023 Nigeria Presidential Election

Breakdown of the 2023 Nigeria Presidential Election Bola Tinubu, a...

2023: Bola Tinubu Wins Nigeria’s Presidential Election

Ruling party candidate Bola Tinubu has been declared the...

Naira Crisis: Await our Decision, S’Court Tells States Seeking to Join Suit

The Supreme Court, on Wednesday, shut its door to...
Join The Tribe 🥳

Join our ever-growing community of awoken ones and receive newsletters, offers & invitations.