Value Added Tax

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Value Added Tax (VAT) for the third quarter of 2023, has shown a growth rate of 21.34% on a quarter-on-quarter basis from N781.35 billion in Q2 2023 to N948.07 billion, data from the National Bureau of Statistics has shown. In its…

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Latest report by the National Bureau of Statistics (NBS) reveals that Nigeria generated N496.39bn as Value Added Tax (VAT) in the first quarter of the year (Q1, 2021). This is against the N454.69bn generated in the fourth…