- 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 Reaffirms VAT on Bank and Fintech Fees, No New Tax for Customers
- VAT Targets Luxury Services, Not Everyday Essentials, Says Dr. Ahmad
- NRS Denies New VAT on Banking Services, Clarifies Existing Tax Applies Only to Service Charges
- What You Need to Know About 7.5% VAT on Bank Charges Starting January 19
- Nigeria Revenue Service Denies New VAT on Banking Services, Clarifies Existing Tax Applies













