Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms has argued that there is a need to increase the value-added tax (VAT)...
Recent report published by the National Bureau of Statistics (NBS) revealed that the Federal Government of generated N948.07 billion as Value Added Tax (VAT) in Q3...
Nigeria generated N2.07 trillion as Value Added Tax (VAT) in 2021, representing a 33% increase from N1.55 trillion generated in 2020. This is according to the...
By OKEY ONYENWEAKU This is not the best of times for the federal government. The country is in dire need of funds to run its affairs....
OBINNA EZUGWU The Lagos State government has disagreed with the position of federal government on collection of Value Added Tax (VAT), insisting that it is the...
By UCHE CHRIS It is no longer news that Nigeria now has a new Finance law which was signed by President Buhari last week. The new...
Adebayo Obajemu The National Bureau of Statistics has said that sectoral distribution of Value Added Tax (VAT) data for H1 2020 reflected that the sum of...
Adebayo Obajemu The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to reverse the current Value Added Tax (VAT) from 7.5 per cent to...
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for May. Mr Hassan Dodo, the Director of Information...