VAT increase: States, LGs to get more allocation from February – AGF
Ahmed Idris, Accountant-General of the Federation says States and Local Government Councils will receive additional funds from February following the ...
Tag: VAT
Pantami distances self from 7.5% VAT deductions on voice calls, messages
The Minister of Communications and Digital Economy, Dr. Isa Ali-Pantami has distanced himself from being behind the 7.5% Value Added ...
Kaduna Electric fires 10 staff over fraud, indiscipline
The Kaduna Electricity Distribution Company says it has sacked 10 members of staff for cases of fraud and indiscipline.
VAT exemption on basic goods will boost local production – Experts
Some experts on Tuesday said the exemption of some basic consumption items from Value Added Tax, VAT, would boost local ...
VAT Automation: FIRS targets lottery, gaming sector to boost revenue
The Federal Inland Revenue Service, FIRS, says it is partnering the National Lottery Regulatory Commission, NLRC, on Value Added Tax, ...
Financial expert frowns at Nigerian govt’s move to increase VAT, says rises in inflation imminent
A financial expert and former President of the Association of National Accountants of Nigeria, ANAN, Dr Samuel Nzekwe, has said ...
How Nigerian govt plans to fund National Minimum Wage – Udoma
The Minister of Budget and National Planning, Senator Udo Udoma, has disclosed that the federal government is considering an upward ...
Nigerian federal, states, LGs share N812.76bn
Non-Mineral Revenue increased by N68.2 billion, from N159.4 billion in October, to N227.7 billion in November
Nigeria generates N254.10bn from VAT in Q4, NBS says
The National Bureau of Statistics, NBS, on Thursday declared that the country generated N254.10 billion as Value Added Tax in ...
Hameed Ali breaks Customs revenue records
The Nigerian Customs Service said it broke a record in revenue collection, making N486 billion in six months as against ...