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Breaking: Senate passes two tax reform bills, retains VAT at 7.5%

Daniel OkejemeMay 7, 20251 Mins read753

The Senate has approved two of the four major tax reform bills submitted by President Bola Tinubu.

The lawmakers rejected the proposal to hike the Value Added Tax (VAT) to 10%, maintaining the current rate of 7.5%.

Details shortly…

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Daniel Okejeme

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See also Sen. Pres. Akpabio’s comment about female Sen. Akpoti-Uduaghan sparks social media outrage

Nigerian Senate

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