NLC rejects 500 percent tariff on local alcohol, tobacco

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The Nigeria Labour Congress (NLC) has hit out at the introduction of 500% increase in tariff on locally produced alcohol, spirits and tobacco by the federal government saying it will lead to job loss.

The labour union conveyed its position on the matter in a letter to the Minister of Finance, President of the Congress, by the leader, Comrade Ayuba Wabba.

It reads in part: “While NLC commend and support the laudable efforts of government in increasing revenue and diversifying the economy in order to meet its obligations to the people, which is already yielding positive results, we however observe that the Federal Government’s recent policy of 500% increase in tariff on locally produced alcohol, spirits and tobacco will be counter-productive.

“This policy will eventually lead to job losses and possible re-location of affected companies to neighboring African countries as was the case with Dunlop and Michelin.”

 

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