In spite of the existing 7.5 per cent Value Added Tax (VAT) that Nigerians pay for goods and services, the federal government, yesterday revealed plan to implement the five per cent excise duty on telecoms services which it had previously intimated Nigerians about.
Source: This Day
Latest Posts in "Nigeria"
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
- Nigeria Announces 2025 Tax Reforms and Duty-Free Import Updates
- Nigeria FIRS becomes a Peppol Authority
- Nigerian News Agency Announces New Regime Allowing VAT Credits on Assets
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025