Value added tax

Rivers State Governor, Nyesom Wike, has on Wednesday insisted on moving ahead with his plan to stop the Federal Government from collecting Value Added Tax (VAT) from the oil-rich South-South state. VAT is a consumption tax paid when…

Nigerian businesses have kicked off the implementation of the 7.5% Value Added Tax (VAT) rate, following the introduction of the Finance Bill. Last month, President Muhammadu Buhari had signed the country's finance bill into law, with…