Tag: VAT

The postponement of the tabling of the 2025/26 budget on 19th February due to fierce disagreement among parties in the Government ...

Governors of the 36 states of the federation and the Presidential Tax Reform Committee, Thursday, agreed on modalities for sharing ...

Mr. Wale Edun, the minister of Finance and Coordinating Minister of the Economy, has confirmed that the federal government would ...

The National Assembly has reportedly received an executive bill proposing to increase the Value-Added Tax from 7.5 percent to 10 ...

The Federal Government has deducted over N415bn from state government allocations to service their external loans. The data from the ...

The Federation Account Allocation Committee (FAAC), disbursed a total sum of N1,088.783 trillion to the three tiers of government as ...

The total taxes on products in the Nigerian economy have increased by 112.02% from N1.43 trillion in 2019 to N3.03 ...

The Article IV Staff mission of the International Monetary Fund (IMF) concluded with a recommendation that the federal government increase ...