News
Impose Special Taxes On Alcohol, Cigarettes, Others, World Bank Tells FG
To improve primary healthcare of Nigerians, the World Bank has appealed to the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages.
The World Bank Country Director for Nigeria, Shubham Chaudhuri, made the appeal in Abuja during the special National Council on Health meeting organised by the Federal Ministry of Health.
According to country director, if Nigeria wants to improve its healthcare, it needed to tax the things that are killing the people.
He explained, “The economic rationale for taxing these products is strong if we want to save lives and make a better and healthier Nigeria.”
Chaudhuri opined that taxes on tobacco, alcohol and sugar-sweetened beverages would reduce their consumption and expand fiscal space for universal health coverage post-COVID-19 and their health risks.
He suggested that investing in stronger health system for all would contribute to tackling rising poverty and inequality in the country.
He noted that with improved health tax increases, it would have additional advantage of reducing future healthcare costs by curtailing the growth of non-communicable diseases that tobacco, alcohol, and sugar-sweetened beverages cause.
News
Cleric Predicts Breakthrough, Warns of Political and Security Challenges in 2026
News
Ado Royal Family Disowns Alleged Installation of Amanyanabo of Okrika
News
PH Traders Laud RSG’s Fire Safety Sensitisation Campaign
-
News5 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports5 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics5 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics5 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports5 days agoPalace ready To Sell Guehi For Right Price
-
Sports5 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports5 days agoTottenham Captain Criticises Club’s Hierarchy
-
Sports5 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
