Friday, July 3, 2026

Value Added Tax (VAT)

August 9, 2021

Court declares collection of VAT, income tax by FG unconstitutional

The court declared Rivers the rightful body to receive personal income tax and VAT emanating from the state.

Federal Inland Revenue Service (FIRS) chairman, Muhammad M. Nami
July 8, 2021

FG to freeze MultiChoice bank accounts over N1.8 trillion tax debt

The federal government says it has begun moves to freeze MultiChoice bank accounts over N1.8 trillion tax debt.

MultiChoice and Federal Inland Revenue Service (FIRS) chairman, Muhammad M. Nami
June 24, 2021

Nigeria made N605 billion distributable income in May: FAAC

FAAC says Nigeria made N605.958 billion as distributable income in May, which was shared among federal, state, and local governments as well as other relevant agencies.

President Muhammadu Buhari and Nigerian Governors
May 8, 2021

VAT shoots up by N41 billion in Q1 2021: NBS

The increase represents 9.17 per cent increase quarter-on-quarter and 52.93 per cent increase year-on-year.

Value Added Tax (VAT)
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