tobacco tax

FG set to implement new tobacco tax regime

The Federal Government of Nigeria On Tuesday announced it’s implementing a new three year tobacco tax regime, beginning from June 2022, to terminate in 2014

The Minister of State for Health, Senator Oloruninmbe Mamora stated this as Nigeria marks the 2022 World No Tobacco Day in Abuja.

According to him, the new regime increases the Ad-Valorem tax rate from 20% to 30%, In addition to the 30% ad-valorem, a specific excise rate has been increased from ₦58 to ₦84 per pack of 20 sticks of
cigarette, and this will further be increased to ₦94 per pack in 2023.The Tax also stipulates ₦104 per pack in 2024.

Shisha is also now being taxed at the rate of ₦3,000 per litre and ₦1,000 per kilogram and this
will be increased yearly by ₦500.

Read: NTCA Decry Lack of Funding in Tobacco Control

According to the health minister, this pro health tax is an effective public health control measure against behavioral risk factors as it has the capacity to reduce demand and consumption of tobacco products.

He said it will also prompts tobacco users to switch expending their resources on tobacco products to healthy alternatives such as education, health, and nutrition.

The theme of this year World No Tobacco Day Is “Tobacco A Threat To Our Environment” which is designed to highlight the negative impacts of tobacco usage on human health

Read: Donor Fatigue: FG to Raise Taxes on Health Products

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