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Govt to Ramp Up Tax Collection, Eyes N9trn in 3yrs

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

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