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VAT

Lagos’ 55% VAT contribution

THE status of Lagos as the preeminent state in Nigeria was again underscored last week, and by no less a person than the honourable Minister of Finance, Mrs. Kemi Adeosun. Addressing her audience on the topic “The Funding Nigeria Needs”…

FIRS pledges support for domestic airlines

The Federal Inland Revenue Service (FIRS) has pledged to support domestic airlines to ensure they remain in operation and are able to meet their Value Added Tax (VAT) remittance obligations. The Assistant Secretary of the Airline Operators…

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