On Friday, at the 2016 Annual Bankers’ Dinner organized by the Chartered Institute of Bankers of Nigeria (CIBN), the CBN Governor, Godwin Emefiele, proposed a mobile phone tax targeted at the middle, upper and long phone call makers.
According to him, if effected, it could generate an additional N100 billion annually.
In his 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. 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.”
He further stated that the surcharge would be borne by middle and upper-class since poor people do not make calls for more than 3-minutes.
What then happens to the poor people who make late night calls or take advantage of packages that allow you to talk for longer?
Recall that this isn’t the first time a government official is proposing a communication tax (An example is the 9% communication tax bill). Hopefully, this doesn’t become a reality.
H/T: The Nation