<|begin_of_text|><|begin_of_text|><|begin_of_text|>The amount is part of the N8.8tn tax revenue needed by the government to finance the 2019 budget.
Details of how the revenue would be generated are contained in the Medium Term Expenditure Framework Tax Revenue Projections for<wm> FY 2024 0f the budget speech.
The tax rates to be levied will include the existing personal, corporate, and inheritance taxes, the goods and service tax, and inheritance duties, alongside a further increase of 2% in the sales tax rate, effective from 1 January 2024.
This increase in the sales tax rate will include the existing 0.6 paise per kg levied on most goods and commodities, with the remaining 0.4 paise lev</wm>ied on most petrol and petrol additives. Additional taxes will be levied on fuels, fuels additives,