- Nigerian Government aims for zero-rated tax on food items
- Presidential Committee on Fiscal Policy and Tax Reforms working towards this goal
- Chairman of the Committee, Taiwo Oyedele, revealed plans during interview with Channels Television
- VAT system currently placing burden on poorest people
- Proposal to increase VAT from 7.5 percent to 10 percent in the works
- Nigerian National Petroleum Company Limited recently increased pump price of Petrol
Source: platformtimes.com.ng
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.
Latest Posts in "Nigeria"
- Nigeria FIRS becomes a Peppol Authority
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
- Nigeria Announces 2025 Tax Reforms and Duty-Free Import Updates
- Nigerian News Agency Announces New Regime Allowing VAT Credits on Assets
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025
