Senator Ndume Opposes Proposed VAT Hike, Urges FG To Spare The Poor

Senator Ndume Opposes Proposed VAT Hike, Urges FG To Spare The Poor …C0NTINUE READING HERE >>>

The lawmaker representing Borno South senatorial district, Senator Ali Ndume, has voiced opposition to the proposed increase in Value Added Tax (VAT), arguing that the federal government should avoid placing additional tax burdens on poor Nigerians.

The National Assembly is reportedly considering a bill to raise VAT from the current 7.5 percent to 10 percent by 2025, with further plans to increase it to 12.5 percent between 2026 and 2029.

Appearing on Arise Television, Ndume expressed…

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