Home News Phone Tax by CBN: We will occupy Nigeria if you insist – Adeolu

Phone Tax by CBN: We will occupy Nigeria if you insist – Adeolu


godwin-emefiele-1TVC N. President National Association of telecommunication subscribers, Adeolu Ogunbanjo is not in support of the CBN governor adding task to telephone calls after 3 minutes.

During a speech about alternative source of revenue for the government by the CBN Governor Emefiele, he said in providing an alternative to source of revenue for the government, the CBN Governor suggested that the government imposes a telecoms tax for phone call conversations above 3 minutes. He also suggested that we introduce a tax on properties.

Here is CBN Governor Emefiele in his own words; “There are several ways we can raise additional revenue to finance the increased expenditure that is needed to engender fast and sustainable growth in the economy,” Emefiele said.

“I think we can consider introducing a negligible telecom surcharge to be entirely borne by the initiator of a call. In order to protect the poor and vulnerable amongst us, we could structure it to only take effect after the third minute of talk.

“Some analyses have indicated that the government could earn about N100 billion per annum from this alone. Obviously this surcharge will mainly be borne by middle and upper class people since I do not know many poor people who make calls for more than 3 minutes!”

The President of Telecomms subscribers who was a guest on TVC Breakfast show today ( 22nd of November 2016 ), went further to say ‘CBN should forget it, else we would occupy Nigeria and go to court to resist it’.


What are your thoughts on this?


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