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VAT

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Presidency lists 20 basic food items, others on VAT Exemption list in Finance Act 2019

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By Laolu Akande, Senior Special Assistant to the President on Media & Publicity, Office of the Vice President In a bid to ensure that the...
Business

Executive, Legislature’s done deal on VAT increase draws criticisms

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It is now a done deal between the Executive and Legislative Arms of the Government for Nigerians to pay a 50% increase on Value...
Business

Senators pass Finance Bill, proposing VAT increase by 50%, for second reading without seeing details

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Without as much as sighting or leafing through the details of a bill that will increase the value added tax (VAT) by 50% from...
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