The tax will also alleviate the burden on the healthcare system, and promote a healthier society.
Advocates argue that SSBs offer no nutritional value, emphasizing the need for a tax hike to 20 per cent to combat overconsumption and reduce Non-Communicable Diseases.
Advocates call for tax hike on sugar-sweetened beverages to bolster healthcare.
Stakeholders in the health sector have called for a 20 per cent per litre tax increase on sugary drinks, even as President Bola Ahmed Tinubu promises to increase the health sector budget to 10 per cent, reach 50 million vulnerable Nigerians with health insurance.