VAT

Communications and Digital Economy Minister, Isa Pantami has come out to say that the 7.5 percent Value Added Tax (VAT) deductions on voice calls and SMSes is handled by Federal Inland Revenue Service (FIRS), not the Ministry of Communications. Isa revealed this in a recent statement signed by his spokesperson, ...

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the proposed Value Added Tax (VAT) increase will have a negative effect on consumption by urban communities and the richer sections of the population. Mrs Zainab, who disclosed this at the 25th Nigerian Economic Summit in Abuja on ...