FG Denies VAT Increase Of 10% – Report

The federal government has denied rumors that it plans to increase the Value Added Tax (VAT) rate from 7.5% to 10%. This was revealed in a statement of the Minister of Finance and Coordinating Minister of the Economy, Wale Edun posted by the Special Adviser on Information and Strategy, Bayo Onanuga. Edun explained that the … Continue reading FG Denies VAT Increase Of 10% – Report