Lagos -To encourage telecommunications companies to spend more on networks in the country, the federal government has unfolded plans to reduce taxes on telecommunications infrastructure.
The tax reduction being planned is between the range of 30 to 40 percent, reports The Guardian.
Omobola Johnson, Minister of Communications Technology, said the high tax regime on telecommunications firms is one of the reasons for relatively poor service standards being experienced by subscribers.
She also promised an effective harmonisation of taxes and levies to dethrone current multiple taxation regime.
Read more at The Guardian.
For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.