Nigeria's VAT earnings reached a record N1.08tn in January under a new VAT sharing formula, altering revenue splits for ...
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Don’t mismanage VAT gains
CHEERING news has emerged that the Bola Tinubu administration’s tax reforms have yielded higher value-added tax gains for states. Total VAT earnings rose to N1.08 trillion in January, The PUNCH ...
# Super Value is bracing for an up to $400,000 per month hit due to the Government’s decision to treat the elimination of VAT on uncooked foods as ‘exempt’ rather than ‘zero rated’.
The budget revenues are expected to rise this year by 11%, according to the 2026 budget plan, driven by 16% stronger VAT collection, Ziarul Financiar reported, citing the draft budget plan published ...
In a significant shift for Nigeria’s fiscal landscape, the 36 state governments received a combined N551.77 billion as their ...
Nigeria's VAT reforms increase state revenue share to 55%, boosting Lagos's earnings to N101.34 billion in January 2026, amid ...
THE GOVERNMENT will have to expand the tax base to make the proposed reductions in value-added tax (VAT) sustainable, and may need to resort to a crackdown on transactions currently exempt from VAT, ...
The Western Cape High Court has ruled that the Finance Minister does not have control over setting the VAT rate following the ...
Abuja, received a N15.8 billion allocation from Nigeria’s value-added tax (VAT) pool in January 2026, according to data from the federation account allocation committee (FAAC).
As state government coffers swell from a historic surge in Value Added Tax (VAT), calls for accountability have heightened, with ...
A social media post has claimed that the Senate will propose that the new government increases Value-Added Tax (VAT) to 10% ...
The petition has branded local hospitality as the 'beating heart' of our communities ...
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