Business
Consumers Kick Against ICT Tax
The Bill on imposition of
a new tax regime on telecommunication industry before National Assembly has met with stiff opposition from consumers.
Speaking to The Tide in Port Harcourt, a number of consumers in the State, said such bill was capable of crippling the industry and reduce chances of new entrants into the telecommunications industry while cost of businesses will skyrocket as well as make communication not affordable by all.
Speaking, Mr. Jacob Atamuno, a dealer in telephones, based in Port Harcourt, the Rivers State capital, said it is a bad move to impose further taxes on telecoms saying it would put a high premium on the use of telephones to low income earners thereby making it not affordable due to the increment.
He added that millions of Nigerians will not be able to afford a basis broadband connection and would deny them access to the internet. Ike Maduemene, a Mass Communication student of the Rives State University of Science and Technology, warned that it would create hardship in the country as it would put a heavy burden on parents who are already containing with high cost of living that has gone up, and now beyond the reach of many Nigerians.
Also Ben Opara a staff of the service providers said the time to impose new taxes is not now, a new tax on telecoms would only serve to widen the gap between affordability and availability and will add to the burden of the subscribers.
For Grace Kenneth, a staff of telecoms service provider, says, “this would put our jobs on the line as we are already paying monies to USPF, ITF, TET-FUND among others, further taxation would just cripple the business and it would result in job cuts and retrenchment as recently done by some banks.
Okorodudu Amos, simply said “it will just scare new investors away from the country and the sector.
Tonye Nria-Dappa
Business
FG Approves 4 New Channel Management Firms For Seaports
Business
RIRS Warns Against Unauthorised Tax Collection
Business
Bayelsa consumers Groan Over Inflation As Traders Remain Helpless Over Low Patronage
-
Education1 day agoFCE Yola Graduates 3,555 Teachers , Seeks Upgrade to University
-
Sports1 day agoNigerian Trio Target Titles At PFL Africa Finals
-
Niger Delta1 day agoDiri Restates Stance On Lagos-Calabar Coastal Highway
-
Niger Delta1 day agoC’River, NUJ Pay Tribute To Late Guardian Editor
-
News1 day agoNDLEA Recovers Tons Of Illicit Drug Consignments In Nine States
-
Opinion1 day agoChecking Voter Apathy In Nigeria’s Electoral Process
-
Politics1 day ago2027: DICKSON’S EX-ALLY VOWS TO WORK AGAINST NDC INTEREST IN BAYELSA
-
Politics1 day ago2027: GROUP PLEDGES 40,000 SUPPORTERS FOR COALITION CANDIDATES IN RIVERS
