Tinubu’s Tax Committee Proposes VAT Hike on Non-essential Items, Gives Strong Reasons

Tinubu’s Tax Committee Proposes VAT Hike on Non-essential Items, Gives Strong Reasons …C0NTINUE READING HERE >>>

Henzodaily.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.

Nigeria’s Presidential Fiscal Policy and Tax Reforms Committee has recommended raising the Value Added Tax (VAT) on non-essential goods to compensate for the planned reduction on essential items, such as food, healthcare, and education.

The committee’s chair, Taiwo Oyedele, shared this update in a post on his X account on Monday, September 9, 2024.

Tinubu’s…

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