{"id":42351,"date":"2022-09-06T15:49:21","date_gmt":"2022-09-06T15:49:21","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=42351"},"modified":"2022-09-06T15:49:21","modified_gmt":"2022-09-06T15:49:21","slug":"telecom-operators-laud-fgs-suspension-of-5-excise-duty","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/09\/06\/telecom-operators-laud-fgs-suspension-of-5-excise-duty\/","title":{"rendered":"Telecom operators laud FG\u2019s suspension of 5% excise duty\u00a0"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\">\n<p class=\"entry-title\"><a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/07\/29\/ncc-advocates-promotion-of-nigerias-indigenous-telecommunications-sector\/\"><strong>Association of Telecommunications Companies of Nigeria (ATCON),<\/strong><\/a> on Tuesday commended Federal Government for suspending the five per cent excise duty charge on telecom facilities.<\/p>\n<\/header>\n<div class=\"entry-content\">\n<div>\n<div>The Executive Secretary of ATCON,\u00a0 Mr Ajibola Olude, gave the commendation in an interview with the News Agency of Nigeria in Abuja.<\/div>\n<div><\/div>\n<div>He said investors would be willing to put more money into the industry.<\/div>\n<div><\/div>\n<div>\u201cFor me it is a good development and the Minister should be commended.\u00a0 It is a temporal measure. We hope that it stayed suspended.<\/div>\n<div><\/div>\n<div>\u201dWith the announcement, telecommunications operators will have to go back to the status quo.<\/div>\n<div><\/div>\n<div>\u201cThe implication is that Investors will be willing to put more money into the industry,\u201dOlude said.<\/div>\n<div>\n<div><\/div>\n<div>The Chairman, <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/09\/01\/ncc-issues-new-itr-for-implementation-in-the-country\/\"><strong>Association of Licensed Telecom Operators of Nigeria (ALTON)<\/strong><\/a>, Mr Gbenga Adebayo said government\u2019s decision showed its commitment to operators, consumers concerns and broadband penetration.<\/div>\n<div><\/div>\n<div>\u201cWe are pleased about it, it showed that government is committed to broadband penetration.<\/div>\n<div><\/div>\n<div>\u201cWhat it will do, it showed to the investors that the government is sensitive to the concerns of consumers of telecom services.<\/div>\n<div><\/div>\n<div>\u201d And this had further boosted investors\u2019 and consumers\u2019 confidence on the government and policy markers.<\/div>\n<div><\/div>\n<div>\u201dIt is a first step in the right direction,\u201d he said.\u201d Adebayo said.<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Association of Telecommunications Companies of Nigeria (ATCON), on Tuesday commended Federal Government for suspending the five per cent excise duty charge on telecom facilities. The Executive Secretary of ATCON,\u00a0 Mr Ajibola Olude, gave the commendation in an interview with the News Agency of Nigeria in Abuja. He said investors would be willing to put more [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":42368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[7],"tags":[7560,181,6908],"class_list":["post-42351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-association-of-telecommunications-companies-of-nigeria","tag-federal-government","tag-telecommunications-network"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Telecom operators laud FG\u2019s suspension of 5% excise duty\u00a0 &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/09\/06\/telecom-operators-laud-fgs-suspension-of-5-excise-duty\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telecom operators laud FG\u2019s suspension of 5% excise duty\u00a0\" \/>\n<meta property=\"og:description\" content=\"Association of Telecommunications Companies of Nigeria (ATCON), on Tuesday commended Federal Government for suspending the five per cent excise duty charge on telecom facilities. 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