The Federal Government is ramping up its tax collection process with a plan to raise about N9 trillion from Value Added Tax (VAT) between 2023 and 2025.
This comes at the backdrop of an 83.4 percent jump in its VAT collections to N600.15 billion in Q2’22 from N327.2 billion in Q2’20.
Source: allafrica.com
Latest Posts in "Nigeria"
- Nigeria Customs Service Transitions from Fast Track Scheme to Authorised Economic Operator Program
- Nigeria Extends E-Invoicing Deadline for Large Businesses to November 2025
- Nigeria’s 2025 VAT Reforms: Impact on Foreign Tech Firms and Local Tech Ecosystems
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 1, 2025
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 2025
