The Federal Executive Council on Wednesday approved an increase in the Value Added Tax (VAT) payable in Nigeria. The Minister of Finance, Zainab Ahmed, announced the approval while briefing journalists after the FEC meeting presided by President Muhammadu Buhari. Mrs Ahmed said the VAT was increased from the current 5 per cent to 7.2 per cent. “We […]
Buhari Approves Increase of VAT In Nigeria
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