Tag: VAT

FIRS refutes report of 50% VAT increase

The Federal Inland Revenue Service (FIRS) on Wednesday refuted report of planned…

Nigeria rakes N2.86 trillion VAT revenue in 3 years ― Fowler

CHAIRMAN of the Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler has disclosed…

Hike in VAT, excise rates a matter of time ― Ahmed

MINISTER of Finance, Mrs Zainab Ahmed on Friday declared that delayed hike…

Federation Account recorded N797bn VAT revenue In 10 months ―Adeosun

Revenue from Value Added Tax (VAT) grossed N797.51 billion into the Federation…

Banks, other financial institutions generate N5.672bn as VAT —NBS

THE National Bureau of Statistics (NBS) says out of N246.30 billion generated…

Lagos can’t generate VAT and some people take 50% —Ambode

LAGOS State governor, Mr Akinwunmi Ambode, has denounced the practice whereby 50…

Lagos’ 55% VAT contribution

THE status of Lagos as the preeminent state in Nigeria was again…

FIRS pledges support for domestic airlines

The Federal Inland Revenue Service (FIRS) has pledged to support domestic airlines…

FAAC: How VAT, forex gain save states from zero allocation

Increasing resort to borrowing by state governments to finance budgets and other…

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