FG introduces zero VAT framework for pharma manufacturersThe federal government has finalized the Harmonised Implementation Framework for the Executive Order on Zero VAT for Pharmaceutical Manufacturers, which is now set for publication in the gazette.In a statement, Alaba R Balogun, Head of Information & Public Relations at the Ministry of Health and Social Welfare, expressed satisfaction with the framework's completion. This new framework enables the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service to implement zero VAT and excise duties on pharmaceutical products and medical devices.Balogun noted...