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Nigerians React to Unconfirmed Rumors of VAT Increase to 15% by Tinubu’s Government

  • Unverified reports on social media suggest VAT increase from 7.5% to 15% by Tinubu’s government
  • Government has not confirmed the rumor yet
  • Nigerians react with frustration, skepticism, and resignation
  • Some criticize government for using taxation to address fiscal challenges
  • Concerns raised about impact on economy and ordinary citizens
  • Some sarcastic remarks made about potential misuse of increased revenue
  • Lack of accountability in governance highlighted
  • Citizens preparing for potential hardships and increased financial burdens
  • Uncertainty about future of country’s economic landscape

Source: nigerianbulletin.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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