National Bureau of Statistics (NBS) — TOP NEWS

Government earns N289b from VAT in Q1, loses by three per cent

The Federal Government earned N289.04 billion from Value Added Tax (VAT) in the first quarter of 2019, against N298.01 billion in the previous quarter, representing 3.01 per cent decline. The N8.97 billion VAT shortfall, compared with the previous quarter’s numbers,

Chijioke Nelson, Asst. Editor, Finance/Economy