VAT Collection Rises by 19.21% to N1.43 Trillion in Q1, Reports NBS
The Value Added Tax (VAT) collected in Nigeria saw a significant increase in the first quarter of 2024, rising by ...
Tag: tax revenue
Nigeria’s Tax Revenue Surges to N3.21 Trillion as Foreign Tax Earnings Double
Nigeria has experienced a remarkable surge in tax revenue from foreign firms, nearly doubling in just one year, according to ...
Senate Committee Frowns at N17 Trillion Loss from Tax Waivers, Urges FIRS Reform
In a budget presentation session held on Monday, the Senate Committee on Finance expressed concern over the staggering N17 trillion ...
Nigeria Sets Ambitious Tax Revenue Target of N19.4tn for 2024
In a bid to boost its fiscal standing, the Federal Government of Nigeria has established a tax revenue target of ...
FIRS to Boost Tax Revenue by 57% to N19.4 Trillion in 2024
The Federal Inland Revenue Service (FIRS) is set to embark on a bold mission to increase tax revenue by an ...
FG To Shift Tax Burden to Wealthy Citizens And Cut Corporate Taxes
In a significant move aimed at revitalizing Nigeria's economy and addressing widespread tax evasion, the Federal Government is embarking on ...
Shocking Revelation: Nigeria’s Tax-to-GDP Ratio Soars, Unveiling Hidden Revenue.
In a significant development for Nigeria's fiscal landscape, the National Bureau of Statistics (NBS) recently announced an upward revision of ...
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