Attorneys General of 36 states meet over $418 million Paris Club Refunds, VAT, others
The Attorneys General of the 36 states of the Federation are scheduled to meet on Wednesday in Lagos to discuss ...
Tag: Value Added Tax
news and analysis about Value Added Tax
VAT collections up in 2021
The government enjoyed the best of both worlds as the economic recovery spurred growth in both VAT and CIT collections.
Nigeria records highest VAT revenue of N2.07 trillion in 2021
Nigeria generated its highest-ever valued added tax collection of N2.07 trillion in 2021, improving by 35.4% year-on-year.
Nigeria’s VAT revenue drops to N500.5 billion in Q3 2021 as manufacturing sector leads
Nigeria generated a sum of N500.49 billion as value-added tax in the third quarter of 2021, representing a 2.3% decline ...
FG considers taking Rivers, Lagos states to Supreme Court over VAT collection
The Federal Government has revealed that it is considering filing a suit at the Supreme Court in order to ensure ...
Governor Akeredolu says move to amend VAT law to favour FG will fail
The Ondo State Governor, Rotimi Akeredolu, has warned that the bid by some interests to amend the Value Added Tax ...
VAT: Discussions on fiscal federalism will make Nigeria productive – Peter Obi
Peter Obi, the former Governor of Anambra State has stated that the discussions on VAT in Nigeria and fiscal federalism ...
Appeal court stops Rivers, Lagos from collecting VAT pending determination of case
The Court of Appeal sitting in Abuja has ordered all the contending parties to maintain the status quo on the ...
Discussions around state collection of VAT necessary to increase IGR – Gov. Makinde
The Governor of Oyo State, Seyi Makinde has thrown his weight on the side of the states in the ongoing ...
Governor Wike insists on VAT collection in Rivers State, threatens to shut FIRS offices
The Rivers State Governor, Nyesom Wike, has insisted that the state government would go ahead with its move to stop ...
