The Nigerian government has distributed a staggering N1.969 trillion (£1bn; $1.2bn) in revenue between its federal, state, and local tiers, marking one of the...
Tag - #vat
Nigeria’s tax authorities have moved to calm public anxiety, insisting that Value Added Tax (VAT) is not being charged on the actual money people transfer...
The head of Nigeria’s tax reform committee has dismissed claims that new legislation will damage the country’s aviation sector, insisting the laws are designed...
Nigeria’s Senate has approved two significant tax reform bills, part of President Bola Tinubu’s broader economic agenda. The bills, namely...
Nigeria’s House of Representatives has approved a revised Value Added Tax (VAT) sharing formula, allocating 55% to states and 35% to local government...
Nigeria’s governors have thrown their weight behind President Bola Tinubu’s tax reform bills, which are currently before the National Assembly. In...
Nigeria’s Minister of Finance, Wale Edun, has announced plans to impose a 15% Value Added Tax (VAT) on luxury goods, while exempting essential items for...
Nigeria’s Federal Government has announced significant tax reliefs for deep offshore oil and gas production, aiming to attract foreign investment and...
The Nigerian government has announced plans to remove taxes on basic necessities like food, house rents, and public transportation services. The move aims to...