VAT

The House of Representatives Public Accounts Committee has directed Guaranty Trust Bank to calculate and remit the Value Added Tax on the commission received from Remita transactions…
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Former vice President and presidential candidate of the Peoples Democratic Party in 2023 election, Atiku Abubakar has warned the administration of Bola Tinubu that any attempt to…
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Former Governor of Kano State, Ibrahim Shekarau, has said that the 17 Southern Governors should stop “ganging up” and “issuing threats” to get the 2023 Presidential slot. …
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Governor of Rivers State, Gov Nyesom Ezenwo Wike - CON  says Nigeria must encourage federating States to harness their resources and generate revenues, including Value Added Tax, VAT to…
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The Southern Nigeria Governors Forum has supported moves by states to take over the collection of Value Added Tax (VAT) from the Federal Inland Revenue Service (FIRS). This was…
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Lagos State Governor Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly. In  a terse statement signed by Gbenga Omotoso, the Commissioner for…
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The Conference of 57 Local Governments and Local Council Development Areas (LCDAs) in Lagos has requested equal sharing formula with the state in the proposed value-added tax (VAT) bill…
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The Lagos State House of Assembly on Thursday passed the Value Added Tax Bill, with Speaker Mudashiru Obasa directing the Acting Clerk of the House, Mr. Olalekan Onafeko, to transmit a…
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The Federal Inland Revenue Service (FIRS) has said it will be impossible to operate value added tax (VAT) in states or at the sub-national level. Group Lead, Special Tax Operation…
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Governor of Rivers State, Nyesom Ezenwo Wike says that with the infraction of the constitutional provision on the collection of Valued Added Tax (VAT) addressed, his administration has…
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