“There Are No Plans To Increase VAT Again” – Minister Of Finance, Zainab Ahmed Reveals

November 6, 2020
52 Views

Zainab

Minister of Finance, Zainab Ahmed

Zainab Ahmed, the Nigerian Minister of Finance has dismissed claims of increasing the Value Added Tax (VAT) and other taxes in 2021.

Ahmed who defended her Ministry’s budget before the Senate Committee on Finance in Abuja, dismissed claims of an imminent increase in VAT and other taxes in the proposed Finance Bill to be presented to the National Assembly soon.

The Minister Said;

“There will be no increase in VAT or any form of taxes because we see 2021 as a year of recovery – not only for government but businesses as well.”
 

You may be interested

Omicron scare: UK brings back pre-departure travel tests, bans arrivals from Nigeria
News
1 views
News
1 views

Omicron scare: UK brings back pre-departure travel tests, bans arrivals from Nigeria

Webby - December 5, 2021

As a precautionary measure to cope with the fear of spreading of Omicron,  the UK has re-introduced compulsory pre-departure tests…

How Nnamdi Kanu, TB Joshua Tried To Save My Marriage To Fani-Kayode — Estranged Wife, Precious Speaks
News
News

How Nnamdi Kanu, TB Joshua Tried To Save My Marriage To Fani-Kayode — Estranged Wife, Precious Speaks

Webby - December 5, 2021

 Precious and FFK Precious Chikwendu, a Nigerian ex-Beauty Queen and model who is also the estranged wife of the former…

Lagos Police Allegedly Label Software Developers As Fraudsters Without Proof, Extort N50,000 From Them
News
1 views
News
1 views

Lagos Police Allegedly Label Software Developers As Fraudsters Without Proof, Extort N50,000 From Them

Webby - December 5, 2021

 The transaction In what will come across as a really startling development, a young man who has been identified as…

Leave a Comment

Your email address will not be published.