The President's actions have been prompted by the necessity for clarity and adequate notice for tax adjustments, as outlined in the 2017 National Tax Policy.
Nigerian Government Aims to Reduce Burden of Multiple Taxations in Informal Sector VAT Direct Initiative Unveiled: Nigerian Government Takes Steps to Enhance Revenue Generation
Steady Growth: Construction and Real Estate VAT Revenue Climbs Year after Year
The federal government generated a total of N709.59 billion as Value Added Tax (VAT) in the first quarter of 2023
Government aims to harness economic potential of digital assets while ensuring regulatory oversight
The Federal Government of Nigeria is set to reintroduce a 5% excise duty tax on Telco services after it was exempted last month. The imposition of...
The Manufacturers Association of Nigeria (MAN) has commended the Nigerian government for its decision to suspend the excise duty of N10 per litre on all non-alcoholic,...
The Nigerian Federal Government has announced the removal of the proposed five per cent excise duty on telecommunication services. The move is in line with the...
The Federation Government raked in a whopping sum of N840 billion as tax from manufacturing companies in 2022. This is an increase of about 60 percent...
As more money has been deposited into the vaults of the nation’s commercial banks by Nigerians in obedience to the directive of the Central Bank of...