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FG IMPOSES NEW TAX ON TELEPHONE CALLS.


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The Federal Government has introduced a new tax on phone calls to fund free healthcare for the Vulnerable Group in Nigeria.
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The telecom tax is the equivalent of a minimum of one kobo per second for phone calls to boost the funds required to finance free healthcare for the vulnerable group in Nigeria.
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This is contained in the National Health Insurance Authority Bill 2021 signed into law by President Muhammadu Buhari on May 19, 2022.
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The law defines the vulnerable group as children under five, pregnant women, the aged, physically and mentally challenged persons, and the indigent “as may be defined from time to time”.
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It specified that the money from the vulnerable group fund shall be expended to provide subsidy for health insurance coverage of vulnerable persons as determined by the council; and for the payment of health insurance premiums for the indigent.

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