Taxation
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Business
Minister of Finance Edun announces plans to raise VAT to 15% on luxury goods
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced plans to increase Value-Added Tax (VAT)…
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Business
FG to tax wealthy Nigerians to achieve revenue target
The Federal Government has revealed its plan to overhaul the nation’s tax system to shift more of the burden to…
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Metro
We’ll make use of technology to monitor revenue collection in real time – FG
The Federal Government has outlined its plan to make use of technology to monitor revenue collection in real time. Special…
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Business
FG to rake in N12bn from new vehicle tax
The Federal Government is hoping to make a whopping N12bn a year from the N1,000 Proof of Ownership Certificate verification…
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News
FG imposes N1,000 annual fee on motorists for Proof of Ownership Certificate
The Federal Government has announced a mandatory annual fee of N1,000 to be paid by vehicle owners for Proof of…
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Business
Suspension of 5% excise duty on telecom services will affect 2023 budget – DG, Budget Office, Akabueze
Director-General of the budget office of the federation, Ben Akabueze has said that the suspension of 5 per cent excise…
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News
FG hikes vehicle number plate, driving licence rates by 50%
Nigerians now have to pay more for vehicle number plates and driving licence following the hike of the rates by…
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