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TUC kicks against VAT hike,...

TUC kicks against VAT hike, warns of...

How Tinubu, governors struck deal...

How Tinubu, governors struck deal on tax...

TUC kicks against VAT hike, warns of more hardship

TUC kicks against VAT hike, warns of more hardship Story by Dajen Comfort Yakubu  The Trade Union Congress of Nigeria (TUC) has strongly opposed the proposed increase in the Value Added Tax (VAT) rate under the Federal Government’s Tax Reform Bills, warning that the hike would worsen the financial struggles faced by Nigerians. The government aims to gradually raise VAT from 7.5% to 10%, then 12.5%, and eventually 15%. The TUC, however, argues that such a move would exacerbate inflation, unemployment, and the escalating cost of living. Speaking at a press briefing in...

TUC kicks against...

TUC kicks against VAT hike, warns of more hardship Story by Dajen Comfort Yakubu  The Trade Union Congress of Nigeria (TUC) has strongly opposed the proposed...

How Tinubu, governors...

How Tinubu, governors struck deal on tax bills New details have emerged about how President Bola Ahmed Tinubu and the 36 state governors reached an...

FG, States, LGAs...

FG, States, LGAs share ₦1.424tn December 2024 revenue at FAAC meeting The Federation Account Allocation Committee (FAAC) has distributed ₦1.424 trillion as revenue generated in...

Why Nigerians no...

Why Nigerians no longer want to pay tax (2), by Hassan Gimba The Arbiter There is no doubt that trust was the main determiner in making...

Where is RMAFC...

Where is RMAFC on VAT Reform?, by Abdulrauf Aliyu, PhD The ongoing debate over the Value Added Tax (VAT) derivation principle reflects the delicate balancing...

Still on the...

Still on the issues relating to VAT distribution in Nigeria, by Abubakar M. Kareto Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and...

FG confirms plans...

FG confirms plans to increase VAT The Federal Government has announced plans to increase the Value Added Tax (VAT) rate. Finance Minister and Coordinating Minister of...

NASS plans to...

NASS plans to increase VAT to 10% by 2025 The National Assembly is reviewing a bill to raise the Value-Added Tax (VAT) from 7.5% to...

FG introduces zero...

FG introduces zero VAT framework for pharma manufacturers The federal government has finalized the Harmonised Implementation Framework for the Executive Order on Zero VAT for...
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