Nigerian govt set to increase VAT, reveals new rate, take-off period

The Nigerian government has proposed an increase of the Valued Added Tax, VAT, from 5 percent to 7.2 percent. Minister of Finance, Mrs. Zainab Ahmed, said this Wednesday while briefing State House correspondents after the Federal Executive Council, FEC, meeting presided over by President Muhammadu Buhari. Ahmed, however, said that the increase will take effect […]

Nigerian govt set to increase VAT, reveals new rate, take-off period

Source: EL Daily Latest- Nigeria News, Nigerian Newspapers

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