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

Daniel OkejemeMay 7, 20251 Mins read828

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 USAID, UNICEF partner to improve access to water, sanitation, and hygiene for 300,000 people in Northwest Nigeria

Nigerian Senate

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