Higher SSB Tax may raise prices – Report warns

By Chidinma Chukwu, ABUJA A new report by ThinkBusiness Africa has warned that the proposed increase in Nigeria’s excise duty on sugar-sweetened beverages (SSBs) could significantly raise prices of soft drinks, while its impact on obesity, diabetes and hypertension remains uncertain. The report examined the proposed amendment to the Customs, Excise Tariff, Etc. (Consolidation) Act […] The post Higher SSB Tax may raise prices – Report warns appeared first on Vanguard News.