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World Bank tells FG to increase taxes on alcohol and cigarette
The World Bank has called on the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to improve primary healthcare.
The World Bank Country Director for Nigeria, Shubham Chaudhuri, made this call in Abuja during the special National Council on Health meeting organised by the Federal Ministry of Health on Friday.
He said, “If we want to improve healthcare in Nigeria, we need to tax the things that are killing us.
“The economic rationale for taxing these products is strong if we want to save lives and make a better and healthier Nigeria.”
Chaudhuri noted that taxes on tobacco, alcohol, and sugar-sweetened beverages would reduce the health risks associated with their consumption and expand fiscal space for universal health coverage post-COVID-19.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
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