The Federal Government has proposed a five per cent excise duty on telecommunications services, gaming, and betting activities as part of a new tax bill. The bill also seeks to introduce guidelines on currency transactions, specifying that any difference between the prevailing Central Bank of Nigeria exchange rate and the actual transaction rate will be subject to excise duty. Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria joins CNBC Africa for more on this, talks around tariffs and the investment outlook for the telecom sector.