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Tinubu's 'Tax Reform Bill' set to champion consumption-based VAT model

Summary by Pulse Nigeria
The Federal Government's proposed Tax Reform Bill, aiming to reshape Nigeria's Value Added Tax (VAT) derivation formula, has sparked widespread debate about its potential to redefine regional equity in revenue distribution. Advocates argue that the reform could address long-standing disparities in resource allocation, which would have far-reaching implications for Nigeria’s economic growth and national unity. During a House of Representatives s…
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