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Value Added Tax

20 Apr
Players in the financial and oil sector were yesterday, divided over-indebtedness of oil companies operating in Nigeria to the government, amidst the country’s borrowing spree...
25 Oct 2021
Rivers State Governor Nyesom Wike has said his state is not at war with the Federal Government over the controversial Value Added Tax (VAT) as insinuated in some quarters.
15 Oct 2021
As many Nigerian states lock horns with the Federal Government (FG) through the Federal Inland Revenue Service (FIRS) on the collection of Value Added Tax (VAT), the stage is set for restructuring the Nigerian federation...
7 Oct 2021
Former House of Representatives member, Mr. Aminu Jaji, has said that the South is using the Value Added Tax (VAT) to force the North to cede the presidency in 2023.
5 Oct 2021
With a complacent National Assembly, which has thrown generations unborn into monumental debt through reckless approval of loans by the executive and the emergence of tin gods in various spheres of power...
23 Sep 2021
In Statesman, Plato, the ancient Greek Philosopher noted that the state’s hegemony and stability lie in understanding and the force of the mind. This has been variously interpreted
federal inland revenue service (FIRS)
21 Sep 2021
Following the controversy between the Federal and State Government on Value Added Tax (VAT), especially as today’s penalty-free period ends for tax remittance for the month of August
15 Sep 2021
Members of the Organised Private Sector (OPS) have urged the National Assembly and the Federal Ministry of Finance to suspend plans to impose excise duty on any segment of the Nigerian manufacturing sector. Specifically, they raised concerns about the proposed the re-introduction of excise duty on the production of soft drinks in the country Economist…
14 Sep 2021
With a court ruling assigning the collection of Value Added Tax (VAT) to states, and with Rivers and Lagos states which contribute over 70 per cent of the VAT collectibles in the country enacting laws empowering them and not the federal government to collect VAT in their states, many economically disadvantaged states in Nigeria may…
14 Sep 2021
A member of the Lagos State House of Assembly, Setonji David, has said that the state would go ahead with the implementation of its recently assented Value Added Tax (VAT) law despite a stay of execution by the Appeal Court in Abuja.
13 Sep 2021
A South-West socio-political group, Yoruba Ronu Leadership Forum, has said the steps by the states to start a collection of Value Added Tax (VAT) would kick-start the agitation
12 Sep 2021
It is yet another time to appeal to the big people in Abuja, our Abuja who are worried but clueless about how to handle the ‘peculiar mess’ that a public finance nemesis called Value Added Tax (VAT) is beginning to garner in Abuja to ‘calm down’ in public interest.

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