Drug prices may drop as FG implements zero VAT, duties Experts say prices of drugs are likely to drop following the implementation of the federal government’s executive...
Just in: Governors reject VAT increase, back passing of Tax Reform Bills The Nigeria Governors’ Forum (NGF) has rejected the move to increase Value Added Tax...
Reform Bills propose 55 per cent VAT revenue for states More insights into the Tax Reform Bills under consideration by the National Assembly were given yesterday during a...
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,...