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Fuel Hike: VAT Increase Will Worsen Nigeria’s Cost of Living, Atiku Warns Tinubu

Former Nigeria’s Vice President and the flag bearer of People’s Democratic Party in 2023 General Election, Atiku Abubakar, has faulted the plans by the Federal Government to increase the Value Added Tax (VAT). Atiku, who spoke via his verified X handle on Sunday, said the policy would heighten the domestic cost-of-living and worsen Nigeria’s already […]

Reverse Fuel Price, Probe NNPCL – SERAP Tells Tinubu

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to direct the Nigerian National Petroleum Company Limited (NNPCL) to quickly reverse what it described as the illegal and unconstitutional increase in the pump price of Premium Motor Spirit (PMS) across its retail outlets. SERAP, in a statement by its Deputy Director, Kolawole Oluwadare, […]

Bill Gates Says Tax Collection In Nigeria Too Low As Tax Committee Proposes to Jack Up VAT to 10%

American billionaire and a co-founder of Microsoft, Mr. Bill Gates has said that Nigeria’s current tax collection rate is relatively low, and called for a change if the country is to achieve its development goals. Speaking at the Pan-African Youth Dialogue on Nutrition in Abuja, Bill Gates, stressed the need for improved tax collection in […]