Nigerian Bottling Company Limited (“NBC”), bottlers of Coca-Cola products in Nigeria has given out nine distribution trucks to its distributing partners in Abeokuta, Ogun State. The distributing partners received the trucks during a presentation ceremony organized by NBC directors in December 2016 at the company’s depot in Abeokuta.
The company said the initiative was part of its plan to grow, develop and satisfy the market in a more efficient and sustainable way.
The Federal Government on Wednesday unveiled a revised National Tax Policy which is meant to provide for an efficient tax system and address the low tax-to-GDP ratio.
Addressing the media on the revised tax system after the conclusion of the Federal Executive Council meeting on Wednesday, the Minister of Finance, Kemi Adeosun, said that the cabinet, which was presided over by the Vice President, Yemi Osinbajo has approved the revised National Tax Policy which will see the Value Added Tax (VAT) on luxury items, like champagne, among others raised from the current 5%.
