Consumers of alcoholic drinks and cigarette smokers are liable to pay more taxes on consumption of these items effective this year according to the newly approved excise duty released since April 1.

Under the newly approved excise duty signed by the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, beer and stout, including other alcoholic beverages and beer not made from malt – whether fermented or not fermented – will attract N72 per litre excise duty.

Similarly, beer and stout, including other alcoholic beverages and beer not made from malt – whether fermented or not fermented – will attract N76 per litre excise duty payment, with implementation to commence between 2026 and 2028. Similarly, beer and stout, including other alcoholic beverages and beer not made from malt–whether fermented or not fermented – will attract N80 per litre.

However, non-alcoholic beverages consisting of fruit juice, energy drinks, sugar-sweetened drinks will pay N10 per litre on the consumption of these items with effect from 2026 to 2028. The circular in addition, fixes different excise duty payment for alcoholic wines.

Alcoholic wines of 25 % advoloren rate attracts N70 per litre (2204.10.00.00 – 2205.90.00.00). Alcoholic beverages – whisky, brandy, vodka and rums of 30% advolren rate will attract N75 per litre, N80 per litre and N85 per litre respectively in 2026, 2027 and 2028. With respect to tobacco, smokers of cigarettes with 30 per cent advaolren rate will pay excise duty of N6.00k per stick, N7.00k per stick and N8.00k per stick respectively in 2026, 2027 and 2028.

Similarly, other smoking tobacco, containing tobacco substitutes in any proportion, homogenised or reconstituted tobacco, expanded tobacco, chewing, snuffing tobacco and manufactured tobacco will pay different duties accordingly between 2026 and 2028.