Nigerian Govt Announces Plan To Increase VAT In 2019

The Federal Government on Wednesday announced that Value Added Tax (VAT) will increase in 2019.... Minister of Finance, Mrs Zainab Ahmed, at the unveiling of government’s Strategic Revenue Growth Initiatives in Abuja, said the initiative was to boost accruals into government’s coffers and to sustain revenue generation in all sectors.She said: “We are studying a possibility of a VAT via IFTTT