Published 09/09/2024 7:51:25 a.m.

VAT remains 7.5% in Nigeria - Finance Minister, Edun

Summary by Daily Post Nigeria

Nigeria’s Minister of Finance, Wale Edun, on Monday, dismissed reports making the rounds that the rate for Value-Added Tax, VAT, has been adjusted to 10 percent from 7.5 percent. Edun made this clarification in a statement he signed on Monday, affirming that the VAT rate as contained in relevant tax laws and chargeable on goods and services remains at 7.5 percent. According to him, the focus of the government is to introduce policies that will i…

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Daily Post Nigeria

VAT remains 7.5% in Nigeria - Finance Minister, Edun

09/09/2024 7:42:18 a.m.·Nigeria

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allAfrica

Nigeria: Finance Minister Reacts to Atiku's Claims On VAT

Finance minister Wale Edun says claims by Atiku and other critics on VAT are false.

09/09/2024 11:00:11 a.m.·South Africa

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Punch Newspapers

VAT rate remains 7.5%, says FG

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has refuted reports suggesting an increase in the Value-Added Tax rate from 7.5 per cent to 10 per cent.

09/09/2024 5:56:37 a.m.

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Pulse Nigeria

FG denies plans to raise VAT amid economic concerns

The FIRS, which operates under the Federal Ministry of Finance, is responsible for tax collection on behalf of the Nigerian government and ensures compliance with relevant tax laws. The Federal Government has debunked widespread reports suggesting an imminent increase in the Value-Added Tax (VAT) from 7.5% to 10%. Finance Minister and Coordinating Minister of the Economy, Mr Wale Edun, categorically denied these claims in a statement on Monday, …

09/09/2024 7:22:16 a.m.·Nigeria

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Premium Times Nigeria

UPDATED: Finance Minister reacts to Atiku's claims on VAT

Finance minister Wale Edun says claims by Atiku and other critics on VAT are false. The post UPDATED: Finance Minister reacts to Atiku’s claims on VAT appeared first on Premium Times Nigeria.

09/09/2024 8:14:59 a.m.·Abuja, Nigeria

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Leadership

Minister Denies Report On VAT Increase, Says 7.5% Remains

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, on Monday, debunked reports going the rounds that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10 percent from 7.5 percent. The minister, in a statement he personally signed, affirmed that the VAT rate as contained in relevant tax laws and chargeable on goods and services remains 7.5 percent. “The current VAT rate is 7.5 percent and this is what the g…

09/09/2024 8:07:44 a.m.·Abuja, Nigeria

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