Industry leaders warn the planned track-and-trace regime could raise costs and hurt fragile sector recovery.
Manufacturers are raising concerns over the Federal Government’s proposed tax stamp system for excisable products, citing financial and operational strain. The initiative, reportedly discussed by the Comptroller-General of the Nigeria Customs Service, would deploy a hybrid paper-digital track-and-trace model through US-based Authentix Inc..
Stakeholders argue the system may contradict relief measures under the Nigeria Tax Act 2025 and duplicate existing digital tools such as the B’Odogwu Excise Reporting System. The Manufacturers Association of Nigeria warns it could amount to a “hidden tax,” increasing compliance costs amid high inflation and FX volatility.
Consulting firm PwC also cautioned that added expenses may be passed to consumers, potentially fuelling illicit trade. Industry players are urging the government to strengthen existing digital infrastructure instead of introducing parallel compliance systems.
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