Some stakeholders have rejected the Nigeria Governors Forum’s (NGF) proposed Value Added Tax (VAT) sharing formula, allocating 50 percent based on equity, 30 percent based on derivation and 20 percent ...

Di Nigerian govnors don endorse di tax reform bills wey President Bola Tinubu send go National Assembly, but dem dey propose new sharing formula for Value-Added Tax (Vat). Dem make dis decision during ...

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has cautioned the federal government, the National Assembly, and the Taiwo Oyedele-led Presidential Fiscal Policy and Tax Reform ...

The Citizens Network for Peace and Development in Nigeria has rejected the Nigeria Governors Forum’s proposed Value Added Tax, VAT, sharing formula, which allocates 50 per cent based on equity, 30 ...

The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has vehemently opposed President Bola Tinubu’s controversial tax reform bills, currently under consideration by the National Assembly ...

Nigerian governors have expressed their support for the tax reform bills initiated by the federal government, proposing a new sharing formula for value-added tax, VAT. This is coming after meeting of ...

Lagos State is set to be the biggest loser of the new value-added tax (VAT) revenue-sharing formula for Nigeria’s sub-nationals, proposed by a presidential tax advisory body. The revelation comes from ...

THE 36 state governors under the aegis of Nigeria Governors’ Forum (NGF) on Thursday expressed overwhelming support for the continuation of the legislative process at the National Assembly that will ...

The governors opposed the terminal clause for TETFUND, NITDA, and NASENI in the sharing of development levies, as well as the increase of VAT as proposed in the bills. The governors made their ...