VAT

Diesel price remain N1000 despite VAT removal – Report

Despite the federal government's announcement that it has abolished the value-added tax on diesel,…

FG waives VAT on diesel for six months

The Federal Government has announced the removal of the value-added tax on diesel for…

FEC approves N13bn for automation of four airports, $3.1bn for NCS

The Federal Executive Council (FEC) on Wednesday approved N13 billion for the automation of…

N338.94bn VAT generated in first three months of 2020 – NBS

The country generated N338.94bn Value Added Tax in the first quarter of 2020, the…

KWACCIMA justifies border closure

The Kwara Chamber of Commerce, Industry, Mines and Agriculture (KWACCIMA) says the decision of…

Eko Electric to begin new VAT rate on meters from Feb. 1

Eko Electricity Distribution Company has announced that the prices of meters sold to customers…

Twitter outrage greets introduction of 7.5% VAT rate

The 2020 Finance Bill signed into law by the President, Major General Muhammadu Buhari…

Buhari signs Finance Bill into law

The President, Major General Muhammadu Buhari (retd.), has just signed the Finance Bill, 2019…

Mixed reactions trail proposed 5% VAT on all online purchases

Mixed reactions have trailed the proposed plan by the Federal Government to slam a…

Increase in VAT will make the poor poorer, Tinubu warns FG

The National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu on Thursday…