The House of Representatives on Thursday adopted four tax reform bills after a detailed clause-by-clause review at the Committee of the Whole, chaired by Speaker Abbas Tajudeen.
A key decision from the session was the rejection of any increase in...
The Federal Government has announced plans to increase the Value Added Tax (VAT) rate, particularly targeting luxury goods. This confirmation came from the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during an investor meeting at...
The candidate of the Peoples’ Democratic Party (PDP) in the 2023 Presidential Election, Atiku Abubakar, has condemned the plans by the Federal Government to increase the Value Added Tax (VAT) from 7.5% to 10%.
Atiku argued that the policy would...
