FG plans to progressively raise VAT rate to 15% – Report
The Federal government plans to steadily raise the rate for Value Added Tax (VAT) to 15% from the current 7.5%.
Tag: VAT rate
Hike in VAT rate buoys VAT Revenue in Q1 2020
Although we expect the recent increment in the VAT rate to support growth in VAT on locally produced goods, in ...
FG to increase VAT rate to 7.2%
FEC has approved an increase in VAT rate from 5% to 7.2%. The Minister of Finance, Zainab Ahmed made this ...
