BREAKING: FG, states, LGs share N2.001tn July revenue
Federal, state, and local governments shared N640.610 billion from VAT, with states receiving the largest allocation of N320.305 billion. Oil-producing ...
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Tag: VAT
VAT Increase Will Worsen Poverty, Says Ex-Finance Minister
Dr. Yerima Ngama opposed a VAT hike, urging the government to improve tax collection efficiency and widen the tax base ...
Proposed tax reform good for Northern Nigeria – Gov Sule
According to him, the reforms, particularly the revised Value-Added Tax (VAT) distribution formula, would ensure greater equity and fiscal balance ...
Northern Groups Demand VAT Reduction to 3%
The Coalition of Northern Groups opposes proposed tax reforms, demanding a reduction of VAT to 3% instead of an increase ...
No rift between Tinubu, Northern governors over tax reforms – Gov Sule
He accused some persons of peddling false information with the intent to create division and cause political tension through baseless ...
Tax Reforms: Increase Taxes on the Wealthy, Expert Advises FG
Prof. Kabiru Dandago urged the Federal Government to impose higher taxes on wealthy Nigerians instead of increasing Value Added Tax ...
We thought opposition of tax reform bills will come from Lagos, Rivers — Taiwo Oyedele
Oyedele noted that value-added tax (VAT) derivation is sensitive for states due to its difference from oil and gas derivation ...
Why governors want tax reform bills withdrawn – Gov Sule
Speaking on the contentious bills, Sule said it was wrong for people to say governors of the 36 states are ...
Nasarawa Gov: Northern governors only opposed to VAT removal from FAAC
On October 13, Tinubu asked the national assembly to consider and pass four tax reform bills. The proposed legislations are ...
JUST-IN: Lawmakers evaluating bill seeking to increase VAT to 10% by 2025
Recall that Oyedele on June 4 suggested a 5% cut in Corporate Income Tax to foster business growth and investment. ...
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