Tag: VAT
Northern governors condemn proposed VAT law, power outage
The Northern States Governors Forum has frowned at the content of the recent Tax Reform Bill that was forwarded to the National Assembly, saying...
FULL LIST: FG removes VAT on electric vehicles, gas generators, 61...
The Federal Government has announced the removal of Value-Added Tax (VAT) on 63 items, including electric vehicles and gas generators.
The Chairman of the Presidential...
FG removes VAT on diesel, cooking gas
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...
VAT remains 7.5%, Finance Minister declares
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has debunked reports that the rate for Value Added Tax (VAT) has...
Atiku raises the alarm over VAT increment, tackles Tinubu
Former Vice President Atiku Abubakar has raised the alarm over the plan of the Federal Government to raise the Value Added Tax (VAT) from...
Nigeria records N1.43trn VAT in Q1 2024
The National Bureau of Statistics (NBS) has declared that the aggregate Value Added Tax (VAT) stood at N1.43 trillion in Q1 2024.
The NBS disclosed...
Nigeria records N1.20trn VAT in Q4 2023
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...
Multiple taxation: FIRS partners MATAN for VAT remittance
The Federal Inland Revenue Service has partnered with the Market Traders Association of Nigeria (MATAN) to collect and remit Value Added Tax (VAT) to...
NBS: Nigeria rakes in N697.38bn from VAT in 2022
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
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...
