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Banks are set to commence the deduction of 7.5 percent value-added tax (VAT) on banking services, including point of sale (POS) transaction fees, mobile banking transfer...
1. The Nigeria Governors’ Forum, NGF, has rejected the move to increase Value Added Tax, VAT. Rising from a meeting in Abuja on Thursday, the...
President Bola Tinubu says the tax reforms initiated by his administration are here to stay. Speaking at the presidential media chat on Monday, Tinubu said the...
Abdullahi Sule, governor of Nasarawa state, says northern governors are only against the removal of value-added tax (VAT) from the federation account allocation committee (FAAC). Sule...
The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), as part of its latest fiscal reforms. This was revealed by...
The Federal Government has introduced tax exemptions on key energy products and infrastructure as well as fiscal incentives for the upstream and downstream oil and gas...
The National Bureau of Statistics (NBS) says the country generated N1.56 trillion as value-added tax (VAT) between April and June this year. The figure...
Wale Edun, minister of finance, says the Federal Government has not increased the value-added tax (VAT) to 10 percent. In a statement on Monday, Edun...
The federation account allocation committee (FAAC) says the three tiers of government shared N1.2 trillion in April. This was contained in a communiqué issued...
As part of the numerous measure being put in place to cushion the effect of the removal of fuel subsidy, the federal government has announced...
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