Excise Duty On Ssbs Impacting Economy Negatively Cifian

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excise duty on ssbs impacting economy negatively cifian

The Chartered Institute of Financial and Investment Analysts, Nigeria, CIFIAN, has called on the Federal Government to urgently align its Sugar-Sweetened Beverage SSB tax policy with broader public health objectives and Nigerias industrial development goals.

The Institute warns that steep tax increases, if implemented without a coherent framework, could harm the countrys sugar economy, undermine jobs, and fail to deliver the intended health outcomes.

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