Nigerian Watch Newspaper

Tinubu sees presidency as retirement benefits – Dino Melaye

Dino Melaye, a former lawmaker, claimed on Saturday that All Progressives Congress presidential candidate Bola Tinubu sees the presidency as his "entitlement and retirement benefits." On August 4, 2022, the NIGERIANWATCH reported that the Peoples Democratic Party presidential candidate, Atiku Abubakar, named Melaye and Dr. Daniel Bwala as his spokespersons for the 2023 presidential campaign. Melaye, who represented Kogi West in the National Assembly's Red Chamber during the 8th Senate, claimed Tinubu was running for president not for the greater good, but to fulfill...

Business

FG to generate N160bn from call, data taxes

In 2023, the Federal Government expects to earn N160.46 billion from telecommunications excise duty. According to the Nigerian Communications Commission, the combined revenue of GSM, Fixed Wired, and Internet Service Providers in 2021 will be N3.21 trillion. If the government imposes a 5% excise duty on telecom services, it will generate approximately N160.46 billion. The amount, however, assumes that telco revenue will remain constant. However, depending on economic...