Business
FG to tax luxury items, first-business-class air tickets– Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that the federal government has signed a policy which imposes a tax on first-class and business-class air tickets alongside other luxury goods. The Minister stated this in a Facebook live presentation for today’s Tax Thursday, during which she also fielded questions from Nigerians on the Nigerian Tax Amnesty Scheme.

When asked what she thinks about placing a tax on first-class tickets and luxury coaches, Adeosun responded, “we signed something yesterday on luxury goods; champagne, brandy, whiskey, wine, jewelry, high-end jewelry.
“We’ve signed something that will bill access charge on first class and business class tickets, we are just doing the final parts of the implementation and we also want to try and amend the tax payer book on high end cars, luxury cars.”
-
Economy1 day agoNigeria Sovereign Investment Authority announces winners of $275,000 prize for innovation
-
Finance1 day agoAirtel Money reports 25% growth in first-half revenue in maiden results
-
Oil and Gas1 day agoHoneywell Technologies launches new AI platform at Dangote’s Nigeria refinery
-
Economy1 day agoFG targets single-digit inflation by end-2027 to unlock cheaper borrowing— Oyedele
-
News1 day agoEFCC arrests 14 Chinese nationals in Nigeria for operating illegal lithium processing plants
-
Maritime1 day agoNIMASA, ITF signs MOU on Seafarer wellbeing, MoU First in Africa—ITF
-
News2 hours agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
News1 hour agoNigeria panel says 37 detained miners died from overcrowding and neglect
