Firm warns against steep tax hike on sugary drinks
A Lagos-based policy and investor-relations firm, ThinkBusiness Africa, has advocated an evidence-based assessment of Nigeria’s proposed amendment to the Customs, Excise Tariff (Consolidation) Act. It warned that a significant increase in the tax burden on sugar-sweetened beverages could raise consumer prices and production costs without delivering commensurate public health outcomes. This was contained in a Read More: https://punchng.com/firm-warns-against-steep-tax-hike-on-sugary-drinks/
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A Lagos-based policy and investor-relations firm, ThinkBusiness Africa, has advocated an evidence-based assessment of Nigeria’s proposed amendment to the Customs, Excise Tariff (Consolidation) Act. It warned that a significant increase in the tax burden on sugar-sweetened beverages could raise consumer prices and production costs without delivering commensurate public health outcomes. This was contained in a
Read More: https://punchng.com/firm-warns-against-steep-tax-hike-on-sugary-drinks/
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About this article
- Length
- 58 words · 1 min read
- Published
- September 15, 2026
- Byline
- Punch Newspapers
- Source
- Punch Nigeria