..as court reserves ruling Barth Ndubuwah, Port Harcourt The Federal High Court sitting in Port Harcourt has reserved judgement in the relief sought by the Federal Inland Revenue Services (FIRS) to restrain the Rivers State Government from enforcing the judgement…
The National Bureau of Statistics’ (NBS) on Tuesday disclosed that Nigeria recorded an increase of N15.86 billion Value Added Tax (VAT) revenue from N496.39 billion generated in quarter one (Q1, 2021) to N512.25 billion in Q2. NBS in its “Sectoral…
The National Bureau of Statistics (NBS) has said Value Added Tax (VAT) increased by N29.98 billion from N424.71 billion generated in third quarter to N454.69 billion in fourth quarter, 2020 (Q4 2020). The NBS said this in its “Sectoral Distribution…
The federal government has exempted commercial flight tickets from value-added tax (VAT). This is contained in the 2020 finance bill, which was signed into law by President Muhammadu Buhari on December 31, 2020. The bill exempts “airline transportation tickets issued…
