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Tuesday, May 18, 2021
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    VAT

    VAT Increases By N41.7bn In Q1 2020- NBS

    Value Added Tax (VAT) increased by N41.7 billion to N496.39 billion in Quarter One of 2021 as against N454.69 billion generated in Quarter Four of 2020 and N324.58 billion generated in Q1 of 2020. The National Bureau of Statistics (NBS)...

    FG Increased VAT To 7.5% Not 7.2%, Says Finance Minister

    The Minister of Finance, Budget and National planning, Zainab Ahmed, Friday revealed that the federal executive council (FEC) approved an increase in value added tax (VAT) from 5% to 7.5% and not 7.2% which was announced earlier. Ahmed told...

    FLASH: 5 Facts About The VAT Increase By FG

    Federal Govt has approved a 2.2% increase in VAT, a decision which has caused controversies and left experts giving analysis on how it will affect the common man. In Nigeria, Value Added Tax (VAT) is payable on goods and services...

    PDP Rejects Decision To Increase VAT, Urges NASS To Protect Nigerians

    The Peoples Democratic Party (PDP) has condemned and totally rejected the decision by the Federal Government to increase the Value Added Tax (VAT) from 5% to excruciating 7.2%, saying Nigerians cannot bear such burden under the prevailing agonizing economic...

    BREAKING: VAT Now 7% – FEC

    The federal executive council (FEC) has approved an increase in value added tax (VAT) rate from 5% to 7%. Zainab Ahmed, minister of finance, budget and national planning, disclosed this to state house correspondents at the end of the meeting...
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    Latest News

    House of Reps set to legalize the use of Indian hemp for economic benefits – Spokesperson Benjamin Okezie Kalu

    House of Reps set to legalize the use of Indian hemp for economic benefits - Spokesperson Benjamin Okezie Kalu The...
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