Tag: VAT

FAAC Distributes N1.29 Trillion September 2024 Revenue to FG, States, LGs

The Federation Account Allocation Committee (FAAC) has announced that it distributed N1.29…

Muhammad A. Aliyu Muhammad A. Aliyu

VAT Collection: Court grants Lagos application to join Rivers’ suit

The Court of Appeal in Abuja has granted a request by the…

Muhammad A. Aliyu Muhammad A. Aliyu

Southern governors resolve to back VAT collection by states

Governors from the south of Nigeria have expressed their support for the…

Agency Report with Okay.ng Agency Report with Okay.ng

FIRS urges taxpayers not to panic over court ruling on VAT collection

The Federal Inland Revenue Service (FIRS) has urged taxpayers not to panic…

Farouk Mohammed Farouk Mohammed

Finance Bill 2019: Presidency releases list of items exempted from 7.5% VAT

The Presidency has released list of some items exempted from the 7.5%…

Farouk Mohammed Farouk Mohammed

Senate summons finance minister over FG’s plan to increase VAT

The Senate Committee on Finance says it will invite the Minister of…

Muhammad A. Aliyu Muhammad A. Aliyu

FG to increase VAT rate from 5 to 7%

The Federal Executive Council (FEC), presided over by President Muhammadu Buhari has…

Saddam Yusuf Saleh Saddam Yusuf Saleh

FG moves to increase VAT on some items

The federal government (FG) has revealed that its planning to increase Value-added…

Farouk Mohammed Farouk Mohammed