In today’s evolving economic landscape, Value Added Tax (VAT) has become a central topic in Nigeria’s fiscal policy discussions. With the federal government actively pursuing tax reforms to boost revenue and reduce reliance on oil, VAT is increasingly recognized as a powerful tool for sustainable development. What is VAT? VAT is a consumption tax levied […]

President Bola Tinubu has reaffirmed that the federal government’s ongoing tax reforms aim to boost revenue generation and eliminate inefficiencies within Nigeria’s tax system. Represented by the Minister of State for Finance, Doris Uzoka-Anite, at the 27th Annual Tax Conference in Abuja, Tinubu stated that these reforms are central to the administration’s broader economic agenda.