Nigeria can earn N600bn from tobacco, alcohol tax hike – World Bank
Amarachi Orjiude and Sami Olatunji, Abuj The World Bank has said Nigeria can generate N600bn annually by increasing the excise duties on tobacco and alcohol as recommended in the National Development Update report. A Senior Tax Specialist of the bank, Rajul Awasthi, said this on Thursday at a virtual discussion on domestic revenue mobilisation. According…