Weather Report
7.02℃
Wednesday, March 12
The statement quoted the judgment, saying, “Delivering judgment on the substantive case, the court held in summary that the circular issued by the 2nd Defendant (Federal Ministry of Finance) is invalid and ultra-vires stating that the powers of the 2nd Defendant; and the 1st Defendant (the Customs Service) is not entitled to demand transport and feeding allowances from the plaintiffs (NECA members).” Furthermore, the court declared that the circular titled “Approval for the Implementation of 2022 Fiscal Policy Measures and Tariff Amendments,” dated March 1, 2022, issued by the Minister of Finance, Budget and National Planning, was invalid and beyond the authority of the 2nd Defendant.
This ruling stems from a case filed in 2022 by the Nigeria Employers’ Consultative Association (NECA), challenging the federal government’s introduction of a ₦10 per litre excise tax on non-alcoholic, carbonated, and sweetened beverages..
0 0 Read Full Story
