FG Denies VAT Increase, Confirms 7.5% Rate Stands

Finance Minister and Coordinating Minister of the Economy, Wale Edun, has dismissed rumours of a potential hike in the Value-Added Tax (VAT) rate from 7.5% to 10%. In a statement released Monday, Edun clarified that the VAT rate is still firmly set at 7.5%, as outlined in Nigeria’s tax laws. “The current VAT rate is [...]The post FG Denies VAT Increase, Confirms 7.5% Rate Stands appeared first on Naija News.

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