President Muhammadu Buhari has signed the finance bill that was passed by the Senate and House of reps. in 2019. Naija News Understands that President Buhari...
Senate Approves New VAT Rate The Nigerian Senate on Thursday, approved the request from President Muhammadu Buhari to increase Value Added Tax (VAT) to 7.5%. The...
Senate Moves To Approve VAT Increase A bill seeking among other things to increase the Value Added Tax (VAT) in Nigeria from the current 5% to...
Human rights lawyer, Femi Falana (SAN), has suggested ways the adminsitration of President Muhammadu Buhari can fund the 2020 Budget. Naija News reports that President Buhari...
The 2020 budget presentation by President Muhammadu Buhari on Tuesday has revealed the exemption of pharmaceuticals, educational items, and basic commodities from VAT. According to the...
Constitutional lawyer Femi Falana has condemned move by the administration of President Muhammadu Buhari implement the increase in Value Added Tax (VAT). Naija News recalls that...
The Buhari Media Organisation (BMO) has slammed the Peoples Democratic Party (PDP) for allegedly raising false alarm over the plan by the administration of President Muhammadu...
The federal government has finally given approval for an increase in value-added tax (VAT) rate from 5.0% to 7.5% percent. Speaking on why the vat increase...
Zainab Ahmed, the former minister of finance, has revealed that the federal government has plans to raise value-added tax by 2% in 2020. The former minister...
The Electricity Distribution Company (EEDC) in Enugu state has started selling Prepaid metres, the head of communication, Emeka Ezeh disclosed. A statement by Ezeh described it...
A total of N617.566 billion was Tuesday distributed as Federal Allocation for the month of March 2019 among the federal, state and local governments. A communique...
The Federal Inland Revenue Service (FIRS) and the National Lottery Regulatory Commission (NLRC) have started processes to automate the collection of Value Added Tax (VAT) in...
The International Monetary Fund (IMF) says the federal government should end fuel subsidies and create a credible timeline to recapitalise weak banks in the country. At...
The Vice Presidential candidate of the Peoples Democratic Party (PDP), Peter Obi, has commended the All Progressives Congress (APC) leader, Bola Ahmad Tinubu, for kicking against...
Senator Shehu Sani (PRP-Kaduna Central) has reacted to the warning of Bola Tinubu to President Muhammadu Buhari. Speaking at a colloquium held to commemorate his 67th...
The Lagos Chamber of Commerce and Industry (LCCI) Director-General, Mr Muda Yusuf, has warned against the upward review of Value Added Tax (VAT) as a means...
The Federal Inland Revenue Service (FIRS) has denied report of planned increment of Value Added Tax (VAT) by 50 per cent to meet up payment of...
The Federal Government has said the aviation industry recorded an average growth of 33 per cent on domestic operations between January 2017 and June 2018. The...