Tag: VAT
The National Bureau of Statistics (NBS) says N338.94billion was generated as Value Added Tax (VAT) in the first quarter (Q1) of 2020. SEE ALSO: Four Zenith Bank Officials Face N3.6 Billion Fraud Charge The NBS ...
Some experts on Tuesday said the exemption of some basic consumption items from Value Added Tax (VAT) would boost local production and reduce economic hardship. SEE ALSO: GIGM On Past Glory: Commuters Lament Over Poor Service, ...
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning says the implementation of Value Added Tax (VAT) increase from five per cent to 7.5 per cent will take effect from Feb. 1. SEE ...
The Federal Government earned N311.94bn VAT between April and June, according to the National Bureau of Statistics (NBS). The figure trumped the record of the first quarter of the year, January to March, which was ...
Capital market operators on Tuesday said that restoration of Value Added Tax (VAT) on capital market transactions would discourage investors from the market and weaken financial inclusion drive of the Federal Government. The operators were ...
The National Bureau of Statistics (NBS) said Nigeria generated N289.04 billion from Value Added Tax (VAT) in the first quarter of 2019. This is contained in a Sectoral Distribution of VAT report for the first ...
The Manufacturers Association of Nigeria (MAN) on Thursday said the proposed VAT rate incremement was unfriendly to the manufacturing sector. The Director-General of the association, Mr Segun Ajayi-Kadir, made the remarks in Lagos, in spite ...
The manufacturing sector contributed about N864 billion of the N3.63 trillion generated as Value Added Tax (VAT) from 2013 to 2018, an analysis by the National Bureau of Statistics (NBS) has revealed. The NBS report ...
The Central Bank of Nigeria, through its ‘Economic report for the fourth quarter of 2018,” has revealed that the non-oil revenue of the federal government slumped to N2.09tn in six months According to the CBN, ...
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