Tag: VAT

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Ayọ̀délé ÌbíyẹmíNovember 5, 2020

Why FG’s planned VAT rate increase will do more harm than good

As part of the Federal Government’s revenue generation plan, the Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed, ...

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Edwin OkoloNovember 12, 2019

Took them long enough, but the Nigerian senate is finally putting its foot down on the VAT hike

For the last few months, the Federal government has been seriously cash strapped and growing increasingly desperate in the ways ...

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Bernard DayoSeptember 13, 2019

5 Things that Should Matter Today: The PDP has advised FG to reverse its decision on VAT increase from 5% to 7.2%

The Peoples Democratic Party (PDP) has advised the Federal Government to reverse its decision to increase the Value Added Tax ...

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Bernard DayoAugust 6, 2019

5 Things that Should Matter Today: Funke Akindele’s directorial debut ”Your Excellency” is a political comedy driven by social media

Funke Akindele will make her directorial debut in collaboration with EbonyLife Films, a political comedy titled Your Excellency and driven ...

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tosin adesinaAugust 14, 2018

FG’s removal of VAT from cooking gas is apt but should have come earlier

After extended pressure on federal government by stakeholders in the oil and gas sector, the federal government has concluded plans ...

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AzeezAugust 1, 2017

Lagos provides more than half of Nigeria’s VAT – Adeosun

Minister of Finance, Kemi Adeosun has said more than half of Nigeria’s value added tax (VAT) comes from Lagos state. Adeosun ...

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AzeezFebruary 2, 2017

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 ...

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AzeezNovember 28, 2016

We will start charging Nigerians VAT on passports – FIRS

The Executive Chairman of the the Federal Inland Revenue Service (FIRS), Tunde Fowler on Monday said Nigerians will now pay ...

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Mazi EmekaApril 10, 2016

Buhari’s administration is ‘wicked and insensitive’ to Nigerians – Fayose

“Nigerians are suffering and the little that they have, the federal government is planning to take back through VAT increment. ...

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