In a statement issued by the Presidency through the Senior Special Assistant to the President on Media & Publicity, Garba Shehu, and his colleague from the Office of the Vice President, Laolu Akande, disclosed that the exemptions were made in a bid to keep cost of living from rising for Nigerians due to the changes in VAT.
Source: blueprint.ng
Latest Posts in "Nigeria"
- Is Commercial Rent Subject to VAT Under Nigeria’s 2025 Tax Act?
- Why Exporters Must Still Pay VAT on Local Purchases in Nigeria: Common Misconceptions Explained
- Nigeria Centralises VAT Collection as Customs Exits, NRS Takes Over Amid Sweeping Tax Reforms
- Nigeria VAT Compliance: Navigating TaxPro Max for Digital and Non-Resident Suppliers
- Why Nigeria’s Most Vibrant States Receive Less VAT Revenue Than They Generate
