Tag: VAT

Record N1.7 Trillion Windfall: FAAC Pours Funds into Government Coffers

The Federation Account Allocation Committee (FAAC) has disbursed a staggering N1.703 trillion…

Genesis Obong

Nigeria Tax Bill Proposes VAT Exemptions on Essential Goods

The 2024 Nigeria Tax Bill, currently making its way through the legislative…

Genesis Obong

Nigerian Tax Reform: A Balancing Act Between Revenue and Relief

The Federal Government is embarking on a bold tax reform aimed at…

Genesis Obong

Lagos Leads as States Generate N7.42trn in VAT Revenue for 2024

States across Nigeria collectively generated N7.42 trillion in Value Added Tax (VAT)…

Yusuf Abubakar

Lagos Tops VAT Revenue in November 2024 as States Generate N422.32bn

Nigeria's Value Added Tax (VAT) revenue for November 2024 reached a total…

Muhammad A. Aliyu

FAAC Distributes N1.29 Trillion September 2024 Revenue to FG, States, LGs

The Federation Account Allocation Committee (FAAC) has announced that it distributed N1.29…

Muhammad A. Aliyu

VAT Collection: Court grants Lagos application to join Rivers’ suit

The Court of Appeal in Abuja has granted a request by the…

Muhammad A. Aliyu

Southern governors resolve to back VAT collection by states

Governors from the south of Nigeria have expressed their support for the…

Agency Report with Okay.ng