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FG removes VAT on diesel, cooking gas

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The Federal Government has removed Value-Added Tax (VAT) on Liquefied Petroleum Gas and diesel in the country. The Minister of Finance and Coordinating Minister of...

Nigeria records N1.20trn VAT in Q4 2023

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The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023. The NBS disclosed this in...

NBS: Nigeria rakes in N697.38bn from VAT in 2022

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The National Bureau of Statistics (NBS) says the aggregate Value Added Tax (VAT) stood at N697.38 billion in Q4 2022. The NBS made this known...

MAN kicks against N10 excise duty on soft drinks

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The Manufacturers Association of Nigeria (MAN) says the introduction of excise duty on non-alcoholic beverages will cause a 0.43 per cent contraction in output...
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