The Federal Inland Revenue Service (FIRS) generated N1.56 trillion in Value Added Tax (VAT) in the second quarter (Q2) of 2024, according to the latest report...
The federal government in the second quarter of 2024 generated a total of N1.56 trillion from Value Added Tax. This is a 9.11 percent increase from...
Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Monday, debunked reports doing the rounds that the rate for Value-Added Tax (VAT)...
Taiwo Oyedele, Chairman Presidential Fiscal Policy and Tax Reforms Committee, has said the committee working on increasing the Valued Added Tax (VAT) from the current 7.5%...
The National Bureau of Statistics (NBS) has reported that the aggregate Value Added Tax (VAT) rose to N948.07 billion in the third quarter of 2023. The...
The Federal Government has unveiled ambitious plans to bolster Value-Added Tax (VAT) collection by hiring more tax agents in five key sectors. This initiative aligned with...
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
Nigerian manufacturers paid 29% more income tax in the first quarter (Q1) of 2023 than in the same period of 2022, according to the latest report...
The federal government generated a total of N709.59 billion as Value Added Tax (VAT) in the first quarter of 2023