Value Added Tax

‘Okorocha’s arrest is a ploy to stop his presidential ambition’; Parish priest, 3 others kidnapped in Katsina | 5 Things That Should Matter Today

Lawyer sues FG, 12 northern states for sharing in VAT realised from sale of alcohol Okorocha’s camp links EFCC arrest to APC presidential primary Terrorists give FG 7-day ultimatum over Abuja-Kaduna train victims Court asks MC Oluomo, NURTW, others not to collect levies from non-members Parish priest, 3 others kidnapped in Kafur, Katsina Across Nigeria’s... Read More

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Abuja-Kaduna train attack, EFCC, katsina, MC Oluomo, Rochas Okorocha, terrorists, Value Added Tax

February 2, 2017

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FG to increase VAT on luxury items

The Federal Government has announced plans to increase the Value Added Tax on luxury items. Minister of Finance, Kemi Adesina disclosd this after the federal executive council meeting on Wednesday. Nigerians currently pay 5% VAT, one of the lowest in the world, introduced in 1994 by the military government. Adeosun, “What the (review) committee report... Read More

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Federal Government, Imcrease, kemi Adeosun, Luxury items, Value Added Tax, VAT