Boma Achenimie
…Rivers, FCT Claim Second, Third Spots New research has revealed that Lagos State tops the list of the highest contributors to Nigeria’s Value Added Tax (VAT) revenue in 2024, generating a staggering sum of ₦2.75…
Boma Achenimie
Following the acceptance of the four Tax Reform Bills by the Nigeria Governors’ Forum (NGF), the Senator Representing Borno South in the 10th National Assembly, Sen. Ali Ndume, has reacted to the move, saying their…
Boma Achenimie
The Nigeria Governors’ Forum (NGF) on Thursday disagreed with the proposed increase in Value Added Tax (VAT) from 7.5% to 10%, describing the move as untimely. Speaking after the meeting held in Abuja, the governors…
Boma Achenimie
Taiwo Oyedele, the Chairman of the Presidential Tax Reform Committee, has expressed his disappointment over the rejection of the tax reform bills by northern governors. Oyedele who spoke on Arise News Morning Show on Wednesday…
Boma Achenimie
The lawmaker representing Borno South Senatorial District, Senator Ali Ndume, has voiced his opposition against the proposed increase in Value Added Tax (VAT), arguing that the Federal Government should avoid placing additional tax burdens on…
MIRIAM NNOLI
The Federal Government through the Ministry of Health has announced the finalization of the Executive Order to enforce zero Value-Added Tax (VAT) and excise duties on pharmaceutical products and medical devices. This development was contained…
MIRIAM NNOLI
The Federal Government through the Ministry of Finance has disclosed the removal of the Value-Added Tax (VAT) on Liquefied Petroleum Gas (cooking gas), Compressed Natural Gas, Automotive Gas Oil (Diesel), and other reliefs to boost…
Boma Achenimie
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed reports of a Value-Added Tax (VAT) increase from 7.5% to 10%. Debunking the purported report on Monday, the Minister clarified that the…
Goli Innocent
The Federation Account Allocation Committee (FAAC) has shared N903.480 billion September 2023 Federation Account Revenue with the Federal, State and Local Governments in September 2023. Bawa Mokwa, Director of Press and Public Relations, Office of…
Boma Achenimie
Taiwo Oyedele-led Presidential fiscal policy and tax reform Committee has called for the suspension of the value-added tax on diesel, better known as automotive petrol oil. Oyedele who spoke on Wednesday on Channels Television’s Sunrise…
