T he federal government will re-introduce excise duty on some goods manufactured in the country and excisable imported goods in line with the directive of ECOWAS council of ministers. In a letter addressed to President Muhammadu Buhari and seen by TheCable, Kemi Adeosun, minister of finance, said spaghetti and noodles would be exempted from the changes. Adeosun said noodles and spaghetti were exempted on the fact that “they currently constitute significant staple and accessible foods, which are easily affordable by all economic class of the Nigerian society”. The minister had suggested that all excisable products removed from the excise list in 2009 be returned. The excise duty is five percent. Excise duty is a type of tax paid on goods manufactured in a country. It differs from custom duties, which is paid on imported goods. According to a list on the Nigeria Customs Service website , excisable goods include perfumes, cosmetics, non-alcoholic beverages, frui...