West African nation will charge an excise levy of 10 naira per liter on all non-alcoholic carbonated sweetened beverages to discourage excessive sugar consumption and boost revenue, Finance Minister
- Additional revenue will be used to fund healthcare and other projects
- Excessive consumption of sugar in beverages contributes to diabetes, obesity and other health issues, Ahmed says
- NOTE: Nigeria announced a phased 17% increase in taxes on alcoholic beverages in 2018 to help boost non-oil revenue
- NOTE: Dec. 22,
Nigerian Lawmakers Approve 17 Trillion Naira Budget for 2022
- NOTE: April 2019,
Brewers Battling for Nigerian ...