Nigeria’s 7.5 percent VAT take-off timeframe revealed
The Buhari government has restated that there was no going back in the increment of Nigeria’s Value Added Tax (VAT). Mrs Zainab Ahmed,...
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Buhari govt insists on VAT increment, gives reason
Mrs. Zainab Ahmed, the Minister of Finance, Budget and National Planning, has insisted that Value Added Tax (VAT) has to increase. She...
Experts blast Buhari govt for basing 2020 budget on 7.5% VAT
Some economic experts have expressed concern over the Federal Government’s decision to base the estimated revenue from Value Added Tax...
Buhari’s minister reveals effect of proposed VAT increase on Nigerians
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says the proposed Value Added Tax (VAT) increase will impact...
Court bars FIRS from enforcing VAT on goods consumed in hotels, restaurants
Justice Rilwanu Aikawa of the Federal High Court in Lagos has barred the Federal Inland Revenue Services (FIRS), from enforcing VAT...
Details of Osinbajo meeting with Ali Ndume on VAT, toll gate emerge
Vice President Yemi Osinbajo on Thursday at the Presidential Villa, Abuja, had a private meeting with Sen. Ali Ndume, (APC-Borno South)....
Reps ask FG to bring Bill on proposed increase of VAT
The House of Representatives has asked the federal government to bring the bill that will allow the legislators to approve the proposed...
Cashless policy: Falana tells Buhari govt what to do before increasing VAT
Human Rights Lawyer, Femi Falana, has called on the Federal Government to propose a Money Bill to the National Assembly before the...
Why Nigeria must increase VAT – CBN gov, Emefiele
Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says the plan to increase Value Added Tax (VAT) from five per cent to...
Work on VAT implementation, not increase – Ex-ANAN president tells FG
Dr Samuel Nzekwe, a former President, Association of National Accountants of Nigeria (ANAN), has advised the Federal Government to...
PDP faults Buhari’s plan for VAT hike
The Peoples Democratic Party (PDP), Thursday rejected President Muhammadu Buhari’s resolve to increase the Value Added Tax (VAT) from 5%...
Senate takes action on proposed VAT increment
The Senate Committee on Finance says it will invite the Minister of Finance and the Chairman, Federal Inland Revenue Service, (FIRS) to...
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....
Ex-CBN director reacts to FG’s plan to charge VAT on online transactions
Dr Titus Okunronmu, a former Director, Budgetary Department, Central Bank of Nigeria, has commended the Federal Government over its plan...
FIRS to impose VAT on online transactions, gives reason
The Federal Inland Revenue Service (FIRS) says it will soon begin collection of Value Added Tax (VAT) on online transactions. The...
NLC warns El-Rufai, FG against insecurity, VAT increase
The Nigeria Labour Congress, NLC, has tasked Governor Nasir Ahmed El-Rufai of Kaduna State and the President Muhammadu Buhari-led...
VAT: Expert tells Buhari govt what to do
A tax expert, Taiwo Oyedele, has urged the Federal Government to review its Value Added Tax (VAT) law and better policing of its borders...
What increase in VAT will do to Nigeria – PDP chieftain
Sequel to reports making the rounds that the federal government is planning a significant increase in Value Added Tax (VAT) in the...
VAT: What Tinubu failed to tell Buhari – Peter Obi
The Vice Presidential candidate of the Peoples Democratic Party, PDP, in the February 23 presidential election, Mr. Peter Obi, has...
Minimum wage: MAN faults Buhari govt over proposed VAT increase
The Manufacturers Association of Nigeria (MAN) on Thursday said the proposed VAT rate increment was unfriendly to the manufacturing...
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