• Latest
  • Trending
FG To Increase Tax On Tobacco Products By 50%

FG To Increase Tax On Tobacco Products By 50%

April 19, 2023
3 AK-47s, Locally Fabricated Gun Recover From Political Party Office in Sokoto

No Lakurawa Invasion: Oyo Police Dismisses 300 Terrorists Claim

June 15, 2026
46 Suspected Illegal Immigrants  Arrested in Ogun

46 Suspected Illegal Immigrants Arrested in Ogun

June 15, 2026
Gunmen Attack Police Station, Kill Inspector

Gunmen Abduct Ondo Monarch, Injure wife in Palace attack

June 15, 2026
Suspension of Sen Sumaila, 3 others; baseless and politically motivated- NNPP NWC

NNPP: We Won’t Collapse Structure For NDC Or Anyone

June 15, 2026
FIFA To Pay Somali Ref Artan Full World Cup Fee Despite US Ban

FIFA To Pay Somali Ref Artan Full World Cup Fee Despite US Ban

June 15, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
APC Names Kudirat Balogun as Ogun Deputy Gov Candidate

APC Names Kudirat Balogun as Ogun Deputy Gov Candidate

June 15, 2026
Gov Radda Mourns as Gen Rabe Abubakar Dies in Bandits’ Den

‘Not Diabetic’: Family Disputes Cause Of Gen Rabe’s Death

June 15, 2026
Same Market Cost: NASU Pushes For 40% Allowance As ASUU

Same Market Cost: NASU Pushes For 40% Allowance As ASUU

June 15, 2026
Direct Primaries Antidote To Godfatherism- Rep Spokesman

Kalu Pushes Local Arms Production to End Imports

June 15, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, June 15, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

FG To Increase Tax On Tobacco Products By 50%

by Present Nigeria
April 19, 2023
in Business
0
FG To Increase Tax On Tobacco Products By 50%
27
SHARES
54
VIEWS
FacebookTwitterWhatsappTelegram

The Federal Government will be increasing the excise tax on tobacco products from 30 per cent ad-valorem to 50 per cent. 

This was disclosed by Head of Tobacco Control Unit, Noncommunicable Disease Division, Federal Ministry of Health, Dr Mangai Malau, on Tuesday, April 18, at the National Tobacco Control Budget Advocates Meeting in Abuja.

RelatedPosts

No Lakurawa Invasion: Oyo Police Dismisses 300 Terrorists Claim

46 Suspected Illegal Immigrants Arrested in Ogun

Gunmen Abduct Ondo Monarch, Injure wife in Palace attack

Malau who presented a paper titled “Overview of Tobacco Control Funding/Budgeting in Nigeria: Why Tobacco Control Budgeting and Funding?, said the tax increase is part of the federal government’s effort to control smoking. 

Asides stating that funding for tobacco control must come majorly from taxation, he added that there is also a need for relevant stakeholders to apply tax measures rightly if they are to address the issues of tobacco control in the country.

Malau said;

“In effectively controlling tobacco and tobacco products in Nigeria, funding is a critical component. The WHO Framework Convention on Tobacco Control recognises this and clearly stipulates in Article 26. 

“It states that parties shall provide financial support in respect of its national activities intended to achieve the objective of the Convention, in accordance with its national plans, priorities and programmes.

“It is also important to state that funding is a major provision of the National Tobacco Control Act. Section eight of the Act, provides for the Tobacco Control Fund, which shall be used to fund tobacco control activities programmes and projects.

“Tobacco use and exposure to secondhand smoke is a leading cause of mortality, morbidity, disability and impoverishment in the world.

“It is the greatest risk factor for non-communicable diseases like hypertension, stroke, cancers, diabetes and chronic obstructive pulmonary diseases.

“Tobacco causes more than eight million deaths annually around the world, with more than seven million of those deaths as a result of direct tobacco use.

“And about 1.2 million resulting from non-smokers being exposed to second-hand smoke. Also, there is no safe level of exposure to tobacco smoke and even a brief exposure can be harmful to one’s health.

“Concerned about the threat from tobacco, Nigeria signed and ratified the WHO FCTC, in 2004 and 2005 respectively.

” In 2015, the National Tobacco Control Act was enacted and its Regulations was passed in 2019.”

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

3,298 Inmates On Death Row- NCoS

Next Post

Court Nullifies Oluomo’s Parks & Garage Committee, Reinstates RTEAN in Lagos

Related Posts

UK, Nigeria Sign £15m Pact For Economic Transformation

UK, Nigeria Sign £15m Pact For Economic Transformation

June 12, 2026
NSIB faults US assessment on safety of Nigeria airports

NSIB Probes Asaba Roadway Landing, Recovers Recorders

June 12, 2026
Edo Drives Gas Investment, Targets Gas Hub Status

Edo Drives Gas Investment, Targets Gas Hub Status

June 12, 2026
Remove Fuel Subsidy, Official Exchange Rate, Increase VAT, IMF Urges FG

IMF: Nigeria’s External Debt to Hit $72.6b by 2027

June 10, 2026
Next Post
MC Oluomo Denies Sponsoring Hoodlums To Attack Alausa #EndSARS Protesters

Court Nullifies Oluomo's Parks & Garage Committee, Reinstates RTEAN in Lagos

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.