Should the Federal Government increase VAT to 10% as suggested by IMF?

In 2020, VAT was increased from 5 percent to 7.5 percent by the federal government. It…

No plans to raise VAT again – FG

  The Federal Government has no plans to increase the value added tax (VAT) again, the…

Reps reject motion to suspend 7.5% VAT 

  The House of Representatives has rejected a motion seeking to suspend implementation of the 7.5%…

VAT now 7.5% as Buhari signs 2019 Finance Bill into law

  President Muhammadu Buhari on Monday signed the 2019 Finance Bill, which increased the rate of…

VAT now 7.5% as Buhari signs 2019 Finance Bill into law

  President Muhammadu Buhari on Monday signed the 2019 Finance Bill, which increased the rate of…

Reps approves VAT hike to 7.5% 

  The House of Representatives has approved the request by President Muhammadu Buhari to increase value…

VAT increase to take effect from January 2

  the Minister of Finance, Zainab Ahmed, has said that the new finance bill, which recommends…

Senate passes bill to increase VAT to 7.5%

  The Nigerian Senate has passed the Finance Bill.  The bill, which was presented to the National Assembly by…

Senate passes bill to increase VAT to 7.5%

  The Nigerian Senate has passed the Finance Bill.  The bill, which was presented to the National Assembly by…

Do you support government’s plan to increase VAT to 7.5%?

At 5 percent, Nigeria has one of the lowest VAT rates in Africa. However, I am…

7.2% VAT will render new minimum wage useless – NECA

The Nigeria Employers’ Consultative Association (NECA) has said the implementation of the 7.2 per cent Value…

Nigerian government raises VAT to 7.2%, approves N10.07trn 2020 budget

  Nigeria’s Federal Executive Council (FEC) on Wednesday approved an increase in the rate of value…