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VAT: Imminent confusion trails Nigerian businesses

The ongoing tango between federal and state government over Value Added Tax (VAT) collection is already spelling doom as members of the organised private sector raise the alarm that Nigerian businesses are confused over possible…

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YLF to FG: Respect constitution on VAT collection

The Yoruba Leaders’ Forum (YLF) has thrown its weight behind the decision of Rivers and Lagos state governments to collect and manage the Value Added Tax (VAT).   Speaking through its coordinator, Mr. George Olufemi…

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Allow VAT legal battle run full course, Ekweremadu advises NASS

Former Deputy President of the Senate, Senator Ike Ekweremadu, yesterday advised the National Assembly not to embark on any legislation on the collection of the Value Added Tax (VAT) and stamp duty which are the…

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2023: A cautious build-up to presidential poll

Unending wait for presidential aspirants ahead of 2023 general election   FELIX NWANERI writes on the refutations that have continued to trail ambitions of some political gladiators, who are said to be interested in the…

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YLF to FG: Respect constitution on VAT collection

The Yoruba Leaders’ Forum has thrown it’s weight behind the decision of Rivers and Lagos state governments to collect and manage the Value Added Tax in their respective states, saying that, that is the position…

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VAT collection crisis reignites battle for fiscal federalism

•FG, states revenue set to fall …Lagos, Rivers, 4 others to enjoy improved IGR    Value Added Tax (VAT)   Value Added Tax (VAT) is charged on the supply of goods and services in Nigeria,…

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Appeal Court stops Rivers, Lagos from collecting VAT

The Court of Appeal, Abuja division yesterday halted the Rivers State Government from collecting Value Added Taxes (VAT) until all legal disputes relating to the matter are resolved. The court also ordered that the judgment…

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VAT: Kogi opposes Rivers, Lagos on right to consumption tax

The Kogi State government, yesterday, distanced itself from the current move by the governments of Rivers and Lagos States to wrestle with the Federal Government over rights to collect the Value Added Tax (VAT) in…

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VAT controversy: Experts call for fiscal federalism, equity, fairness in revenue sharing

•‘Poor states will be negatively affected’ There are calculated moves by sub-nationals (states) in Nigeria to control their resources and generate revenue from natural endowments at their disposal to grow and develop themselves. Most recent…

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Finitri heads PDP Convention Committee

Former govs root for chairmanship position Party may dump ‘unity list’ The Peoples Democratic Party (PDP) has chosen Adamawa State Governor, Ahmadu Umaru Finitri as Chairman of its National Convention Planning Committee fixed for October…

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