Presidential Committee Proposes VAT Reform: More Revenue for States and LGs
Presidential committee plans to review VAT revenues sharing formula in federal, state, LGs The Presidential Committee on Fiscal Policy and ...
Tag: Value Added Tax
Nigeria’s VAT increases to N948.07 Billion in Q3 2023 – NBS
The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N948.07 billion in Q3 2023. ...
FG removes VAT on Diesel for Six Months
...how 7.5% VAT pushed diesel price upward - Gas suppliers The Federal Government says it will remove value-added tax (VAT) ...
Remove 7.5% VAT on Diesel, NARTO urges FG
A call has been made to the Federal Government by the Nigerian Association of Road Transport Owners, NARTO on Tuesday, ...
FG generated N1.53trn from Company Income Tax in Q2 2023
In the second quarter (Q2) of 2023, the Federal Government realised N1.53 trillion from company income tax (CIT), indicating a ...
VAT Collection in Nigeria hits N781.35 Billion in Q2 2023- NBS
...30.19% increase in one year Nigeria’s Value Added Tax (VAT) collections in the second quarter of 2023, continued their upward ...
How 7.5% VAT pushed Diesel Price to N900/950
The 7.5% Value Added Tax (VAT) on diesel has pushed pump prices to N900 at the least and N950 at ...
Suspend 7.5% VAT on Diesel, NOGASA urge FG
To avert imminent hike in the prices of the Premium Motor Spirit (PMS) petrol and gas, the Natural Oil and ...
Suspend VAT on Diesel, Presidential Committee suggests
The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, says Value Added Tax (VAT) should ...
Expert clears air on tax for market traders
...says traders with turnover of less than N25m exempted ... it's not a new tax, both traders and tax operators ...
