Tag: VAT
Nasarawa Gov: Northern governors only opposed to VAT removal from FAAC
On October 13, Tinubu asked the national assembly to consider and pass four tax reform bills. The proposed legislations are ...
JUST-IN: Lawmakers evaluating bill seeking to increase VAT to 10% by 2025
Recall that Oyedele on June 4 suggested a 5% cut in Corporate Income Tax to foster business growth and investment. ...
FG Finalizes Executive Order On Zero VAT For Pharmaceutical Manufacturers
The Federal Ministry of Health has finalized the Executive Order for zero VAT and excise duties on pharmaceutical products and ...
FG clarifies VAT rate amid reported hike
Edun described the purported reports as inaccurate. Edun reiterated that VAT remains at 7.5 per cent and will continue to ...
Presidential Committee Considers VAT Increase
Presidential Committee proposes VAT rate increase from 7.5%, along with review of revenue sharing formula, amid opposition to new taxes ...
Nigeria’s VAT performance lowest in West Africa – FG
Nigeria's VAT, lowest in the West African region A three-day workshop on the harmonisation of Nigeria’s VAT Act with ECOWAS ...
High Charges: FG Moves To Avert Vessel Withdrawal
President Bola Ahmed Tinubu took action yesterday to prevent foreign oil vessel owners from fleeing Nigeria and withdrawing their services ...
Nigeria generates N600.1bn from VAT in Q2
The Federal Government generated N600.15 billion as Value Added Tax (VAT) in the second quarter of this year. The National ...
‘Tax the rich, increase salaries by 50%’ — NLC writes FG on how to avert economic crisis
The Nigerian Labour Congress has called on the federal government to raise taxes across the board for the 'rich' and ...
Remove VAT on diesel to curtail price hike, MAN tells FG
The Manufacturers Association of Nigeria (MAN) has called on the federal government to remove the value-added tax ( VAT) on ...
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