Why FEC meeting was postponed till Monday
The Presidency has rescheduled the extraordinary FEC meeting expected to hold today till 12 noon on Monday, October 7th.
Tag: Federal Executive Council
FEC approves N314 billion for new projects
N311.8 billion has been approved by the Federal Executive Council (FEC) for the construction and rehabilitation of two link roads.
Nigeria’s VAT Increase: Penny-Wise, Pound Foolish
VAT is imposed on all goods and services sold in Nigeria, including imports; as stipulated under section 4 of the ...
FG to construct, fix 14 roads with N166 billion
Following the memorandum sent by the Ministry of Works and Housing to the Federal Executive Council, the Federal Government (FG) has ...
NECA cautions FG on 7.5% VAT, says it’s anti-minimum wage
The Nigeria Employers’ Consultative Association (NECA) has said the implementation of the 7.2% Value Added Tax approved by the Federal Executive ...
The proposed VAT hike and the likely effect
FEC approved a 44% increase in Value Added Tax (VAT) from 5.0% to 7.2%, Mrs Zainab Ahmed, disclosed that the ...
