Business FEC approves VAT increase of 7.2%, targets N7.5 trillion revenue – Nairametrics

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The Federal Executive Council (FEC) has approved an increase the Value Added Tax (VAT) to 7.2% from 5%.

The Minister of Budget and National Planning Zainab Ahmed disclosed this to state house correspondents at the end of the cabinet meeting on Wednesday...

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Read more via Nairametrics – https://ift.tt/32xJFXS

Get more: Nigeria Business News
 
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