Browsing Tag
VAT
3 posts
Taiwo Oyedele Launches Committee to Craft 2026 VAT Modification Order
Finance Minister Taiwo Oyedele has inaugurated an Inter-Ministerial Committee to draft the 2026 VAT Modification Order, aiming to streamline tax administration and support Nigeria's economic reform agenda.
Government slashes VAT on electricity bills starting October
Prime Minister Andy Burnham has announced the removal of VAT on domestic electricity bills starting 1 October to help families manage rising costs.
Government implements temporary VAT reduction on family activities and children’s meals
A temporary VAT reduction on family attractions and children's meals launches this week, though experts and businesses question its overall effectiveness and implementation costs.