Health Financing: FG Impose Tax On Phone Calls
The Federal Government has revealed that it has introduced a new telecommunication tax that is targeted to finance a subsidy cost for the provision of healthcare to vulnerable persons in the country. The new law was contained in the just concluded national Health Insurance Authority Bill 2021 and was just endorsed by President Muhammadu Buhari into law on May 19, 2022. As contained in the new law, section 26(1c) of the Act states that the source of the money for the funding of the new health law will include; telecommunication tax, at least a kobo per second of total GSM calls being made in Nigeria.