Browsing Tag

VAT

More burden for Nigerians as Tax Committee recommends VAT hike

TheNigerian May 8, 2024 0

The Presidential Committee on Fiscal Policy and Tax reforms has recommended an upward review of the Value Added Tax (VAT). Chairman of the committee, Taiwo Oyedele, also suggested that…
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Nigeria’s VAT collection efficiency lowest in Africa — Abbas

TheNigerian May 1, 2024 0

…says 10th House’ll aid Tinubu’s economic reforms The Speaker of the House of Representatives Rt. Hon. Abbas Tajudeen, Ph.D, has decried that Nigeria’s efficiency in collecting Value…
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FG eyes N5trn VAT in 2024

TheNigerian Mar 28, 2024 0

The Federal Inland Revenue Service has said that the Federal Government is eyeing a Value Added Tax of N5 trillion in 2024 while also putting mechanisms in…
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Wike signs VAT collection, anti-open grazing bills into law

Toby Prince Aug 20, 2021 0

GOVERNOR Nyesom Wike of Rivers State has signed into law bills on Value Added Tax (VAT) collection and Open Grazing Prohibition. The governor maintained that the judgement of the…
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