Federal Govt To Tax First Class Tickets, Luxury Goods

Finance Minister, Mrs. Kemi Adeosun, said Thursday that the federal government would begin to tax first and business class flight tickets in line with the new tax drive aimed at boosting revenue. The move is coming almost three years after the previous administration rolled out the initiative
among a cocktail of measures to boost revenue with the precipitous decline in oil price from mid-June 2014.
Adeosun said the new drive followed the signing of a policy to tax first and business class tickets as well as other luxury goods. She made these disclosures in a Facebook interaction with Nigerians, where she was asked whether or not there was a plan to tax both classes of tickets as well as sundry luxury items. She simply responded: “I think yes. We signed something yesterday on luxury goods: champagne, brandy, whiskey, wine, jewellery, high-end jewellery. GUYS, WHAT DO YOU THINK?

FACEBOOK COMMENTS

Godwin Epu and 5 others

Dennis A Robert

How about iPhone 📱?

Enyinda Nathaniel Okey

If she can tax beggars..she could as well tax people for failing waec!

Endy Edeson

@Dennis: hahaha. of course, that should be included. @OKEY: Like seriously? how?

Dennis A Robert replied · 1 reply

Olayiwola Daniel Paragon

Am loving this new development

Jeremiah Ademolu

They'll soon tax beggars on the street

Solomon Bakare

What is the projected revenue from this tax initiative?