Happy New Year 2025 to all our members and visitors! Our Forum is Now Back Online After Some Critical Upgrade- We Apologize for the inaccessibility Period! Thank You all. CORONAVIRUS safety tips from Admin! 1. Watch your hands with running water 2. Dont cough in your hands 3. Keep distance from people 4. Stay indoor if neccessary!! Stay safe !!! Dear Members,Do you know that naijacrux is fully programmed to serve you better, Do you know that you can share your favorite post on naijacrux with friends on twitter,facebook, googleplus,myspace and many more! To share post on naijacrux with friends and family on twitter, facebook,googleplus,myspace,and many more, scroll to the down page of the post, Click on the Social Icon You Want To Share On To Share.


« previous next »
Pages: [1]

Author Topic: Nigerian FG set to increase VAT, reveals new rate, take-off period  (Read 7614 times)

0 Members and 1 Guest are viewing this topic.

Offline internet police

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 2422
  • Karma: +0/-0
  • do not spam this forum
Nigerian FG set to increase VAT, reveals new rate, take-off period
« on: September 13, 2019, 12:52:39 AM »
Advertisement
BOOK INTERNATIONAL FLIGHTS TICKETS LOCAL FLIGHTS HOTELS BOOKINGS WORLDWIDE AND MORE AT CHEAPEST RATE EVER! CLICK HERE TO BOOK YOUR FLIGHT AND RECEIVE YOUR FLIGHT TICKET INSTANTLY


The Nigerian government has proposed an increase of the Valued Added Tax, VAT, from 5 percent to 7.2 percent.

Minister of Finance, Mrs. Zainab Ahmed, said this Wednesday while briefing State House correspondents after the Federal Executive Council, FEC, meeting presided over by President Muhammadu Buhari.

Ahmed, however, said that the increase will take effect after the VAT Act is amended by the National Assembly and after consultation with stakeholders such as states, local councils, the private sector among others.

“Our projection is to finish consultations early enough so that it takes effect in 2020.”

The minister also disclosed that the FEC approved the Medium Term Expenditure Framework and Fiscal Strategic Paper, MTEF/FSP for 2020 to 2022, which will guide the 2020 Budget.

Report to moderator   Logged


 
BOOK INTERNATIONAL FLIGHTS TICKETS LOCAL FLIGHTS HOTELS BOOKINGS WORLDWIDE AND MORE AT CHEAPEST RATE EVER! CLICK HERE TO BOOK YOUR FLIGHT AND RECEIVE YOUR FLIGHT TICKET INSTANTLY
Pages: [1]
« previous next »
 

New electricity tariff takes-off February 1-Says Nigerian Electricity Regulatory

Started by newspostng

 Replies: 0
Views: 3372 		Last post January 07, 2016, 09:36:34 AM
by newspostng
Nigerian Banks release list of bank debtors that owe banks N143.81 Billion

Started by internet police

 Replies: 0
Views: 4026 		Last post August 04, 2015, 04:45:23 PM
by internet police
Ex Nigerian Finance Boss Okonjo-Iweala denies withdrawing $1Billion for Jonathan

Started by mastercode

 Replies: 0
Views: 3219 		Last post July 14, 2015, 02:26:45 PM
by mastercode
Nigerian stock market continues downward trend as investors count loses

Started by Postmaster

 Replies: 0
Views: 4119 		Last post March 07, 2025, 09:13:41 AM
by Postmaster
?400 Billion worth of looted Nigerian money stashed in Europe, Asia and America

Started by admin

 Replies: 0
Views: 3840 		Last post August 09, 2015, 12:21:07 PM
by admin