Tinubu Tax Reforms To Increase VAT Accruals To Sub-nationals As FG Concedes 5% To States, LGAs-TMSG

TMSG Hails FG for Conceding 5% VAT Allocation to Sub-nationals

The Tinubu Media Support Group (TMSG) is confident that the sub-nationals would, this year, get far more than the N3.77 trillion allocated to states from Value Added Tax (VAT) collections in 2025 as a result of the strong commitment of the President Bola Tinubu administration to grassroots development. According to the group, this is reflected in the administration’s decision to allocate five per cent of the federal government’s share of VAT rec…

Tinubu Tax Reforms To Increase VAT Accruals To Sub-nationals As FG Concedes 5% To States, LGAs-TMSG

The Tinubu Media Support Group (TMSG) is confident that the sub-nationals would, this year, get far more than the N3.77 trillion allocated to states from Value Added Tax (VAT) collections in 2025.   The group attributed the expected income to the result of the strong commitment of the President Bola Tinubu administration to grassroots development.   According to the group, this is reflected in the administration’s decision to allocate five per c…