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Governors Back Tax Reform Bills, Reject Increase In VAT

Published 1 month ago1 minute read

Published by Daily Independent on Fri, 17 Jan 2025

Endorse Revised VAT Sharing FormulaSay It Ensures Equitable Distribution Of Resources ABUJAThe 36 state governors, under the aegis of Nigeria Governors' Forum (NGF), on Thursday, endorsed President Bola Tinubu's Tax Reform Bills at the National Assembly but rejected any increase in the VAT rate. They also endorsed a revised Value Added Tax (VAT) []
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