VAT, fuel price hikes will deepen Nigeria’s cost-of-living crisis - Atiku warns Former Vice President Atiku Abubakar has strongly criticized the federal government's decision to increase Value Added Tax (VAT) from 7.5% to 10%, along with the recent hike in fuel prices by the Nigerian National Petroleum Corporation Limited (NNPCL). Atiku expressed his concerns on Sunday via his X handle, warning that these policies would further aggravate the already severe cost-of-living crisis in Nigeria. Describing the situation as a “blazing inferno,” Atiku stated that these regressive policies will intensify the struggles...