FG okays zero VAT, duty on pharmaceuticals for gazette The Federal Government has announced the completion of an Executive Order to implement zero Value-Added Tax (VAT) and...
FG exempts VAT payment on diesel, gas, electric vehicles Determined to arrest the spate of divestments in the nation’s oil and gas sector, the Federal Government (FG) has...
Suspend VAT, other policies impoverishing Nigerians – SMEs tell FG The National Association of Small and Medium Scale Enterprises (NASME) and financial experts have called on...
We have not increased Value Added Tax to 10% – FG The Federal Government has not increased the value-added tax (VAT) from 7.5 per cent to...
Proposed VAT increase to 10%, punitive, insensitive, says Atiku Former Vice-President of Nigeria Atiku Abubakar has condemned plans by the Federal Government to increase the...
FG suspends VAT on diesel to avert workers strike The Federal Government has suspended the value-added tax (VAT) on diesel for the next six months. This...
FG generated N709bn via VAT in Q1 2023 – NBS The Federal Government generated N709.59bn through Value Added Tax (VAT) in the first quarter of 2023,...
Nigeria earned N625.39 billion from value-added tax (VAT) in the third quarter of 2022, the National Bureau of Statistics has said. VAT is a consumption tax...
The court of appeal sitting in Lagos has ruled that the Federal Inland Revenue Service (FIRS) can collect value-added tax (VAT) from Lagos hoteliers. The court...
Nigeria recorded a growth of 18.58 per cent in its Value Added Tax (VAT) collection of N588.59 billion in the first quarter of 2022. The National...
