NACCIMA Urges Tinubu To Slash Corporate Taxes To 19%, VAT To 7.5%
The National Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has called on President Bola Tinubu’s administration to ...
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Tag: VAT
Lagos, Rivers, FCT, Oyo Earn ₦4.18 Trillion VAT In 11 Months
Out of the N5.718 trillion distributable Value Added Tax (VAT) revenue shared by the Federation Accounts Allocation Committee (FAAC) between ...
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Oil jack up FG revenue by 77 percent-Budget Office
Rising taxes and oil revenues by the Federal Government have boosted its earnings by 76 per cent, from N7.1 ...
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FG plans zero VAT for pharmaceutical products
The Federal Government on Wednesday said it has finalised the Executive Order to implement zero Value-Added Tax and excise duties ...
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FG Removes VAT On Diesel, Cooking Gas
The Federal Government says it has removed Value Added Tax (VAT) on diesel, cooking gas, among others. Minister of Finance ...
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Revenue shot up from value added tax in second quarter-NBS
The Federal Government’s revenue from Value Added Tax shot up to a total of ₦1.56tn in the second quarter of ...
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VAT remain 7.5 percent – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, on Monday, debunked reports doing the rounds that ...
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We’re Proposing Law To Increase VAT To 10% –presidential Tax C’mtee
Chairman Presidential Fiscal Policy and Tax Reforms Committee,Taiwo Oyedele says the committee is proposing a law to the National Assembly ...
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VAT Revenue Rose From ₦347bn To ₦549bn Under Tinubu – FAAC Report
The total revenue that accrued to the coffers of the government from Value Added Tax between October 2023 and March ...
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FIRS: FG Eyes N5trn VAT In 2024
The Federal Inland Revenue Service has said that the Federal Government is eyeing a Value Added Tax of N5 trillion ...
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