Nigeria’s Value Added Tax (VAT) revenue climbed sharply to N1.08tn in January 2026, marking an 18.5 per cent increase from N913.96bn recorded in December 2025. […]
Tag: VAT
VAT Increase and Tax Reforms to be Implemented in Phases, Says Oyedele
The Chairman of the Presidential Tax and Fiscal Policy Reforms Committee, Taiwo Oyedele, announced that the planned increase in Value Added Tax (VAT) from 7.5% […]
Committee On Fiscal Policy Proposes VAT Rate Increase with Revised Revenue Sharing Formula
Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, has advocated for an increase in the value-added tax (VAT) rate. Speaking […]