DDM News
After extensive discussions, the governors of Nigeria’s 36 states and the Presidential Tax Reform Committee have reached a landmark agreement on a revised formula for sharing...
The chairman of the Presidential Tax Reform Committee, Mr. Taiwo Oyedele, on November 8, 2024, disclosed that allowing state governments to collect value-added tax (VAT) will...
The Minister of Finance, Mr. Wale Edun has confirmed plans by the Federal Government to increase the Value Added Tax (VAT) rate by 10%. As reported...
The Nigerian government’s decision to increase Value Added Tax (VAT) from 7.5% to 10% is totally condemnable. This move is touted by the federal government as...