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Tag "vat"

Despite VAT waiver on sanitary pads, Nigeria’s economic woes push more women into period poverty

    Despite VAT waiver on sanitary pads, Nigeria’s economic woes push more women into period poverty

Sitting on the edge of her bed in a dimly lit cramped room, Peace (not her real name) darted her eyes around, too embarrassed to share her memories. The electricity

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Tax reforms: NECA hails Tinubu’s ‘bold intervention’, calls for review of diesel VAT

    Tax reforms: NECA hails Tinubu’s ‘bold intervention’, calls for review of diesel VAT

The Nigerian Employers Consultative Association (NECA) says the decision by President Bola Tinubu to suspend the implementation of the Finance Act 2023 will foster a more conducive business environment and

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Create tax awareness to prevent abuse of VAT initiative for traders, Taiwo Oyedele tells FG

    Create tax awareness to prevent abuse of VAT initiative for traders, Taiwo Oyedele tells FG

Taiwo Oyedele, Africa tax leader at PricewaterhouseCoopers (PWC), says the new value-added tax direct initiative (VDI) would need proper awareness and safeguards to avoid abuse. On Monday, the Federal Inland

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FG partners market association to collect VAT from 40m traders

    FG partners market association to collect VAT from 40m traders

The Federal Inland Revenue Service (FIRS) says it has partnered with the Market Traders Association of Nigeria (MATAN) for the easy collection of value-added tax (VAT) from its members —

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FIRS set to implement new VAT filing procedures for suppliers, importers

  FIRS set to implement new VAT filing procedures for suppliers, importers

The Federal Inland Revenue Service (FIRS) has provided updates on the implementation of the input value-added tax (VAT) filing procedures

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FAAC: FG, states, LGAs shared N722bn as allocation in February — down by N27bn

  FAAC: FG, states, LGAs shared N722bn as allocation in February — down by N27bn

The Federation Account Allocation Committee (FAAC) says it shared N722.677 billion among the three tiers of government in February 2023.

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NBS: Nigeria generated N697bn from VAT in Q4 — up by 11% from Q3

  NBS: Nigeria generated N697bn from VAT in Q4 — up by 11% from Q3

The National Bureau of Statistics (NBS) says Nigeria generated N697.38 billion as the aggregate revenue from value-added tax (VAT) in

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NBS: Nigeria generated N625bn from VAT in Q3 2022 — up by 4% from Q2

  NBS: Nigeria generated N625bn from VAT in Q3 2022 — up by 4% from Q2

The National Bureau of Statistics (NBS) says the country generated N625.39 billion as value-added tax (VAT) in the third quarter

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NBS: Nigeria generated N600bn from VAT in Q2 2022 — up by 2% from previous quarter

  NBS: Nigeria generated N600bn from VAT in Q2 2022 — up by 2% from previous quarter

The National Bureau of Statistics (NBS) says the country generated N600.15 billion as value-added tax (VAT) in the second quarter

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EXCLUSIVE: Nigeria’s revenue crossed N1trn for the second month in July

  EXCLUSIVE: Nigeria’s revenue crossed N1trn for the second month in July

The federation’s revenue from the oil and non-oil sector crossed N1 trillion for the second month in July. Details of

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