PUNCH NEWS The Federal Government has hinted that it may explore an out-of-court solution to the lingering legal battle between its agency, Federal Inland Revenue Service, and Rivers and Lagos states over the collection of Value Added Tax. The Minister…
THE GUARDIAN Rivers State Governor Nyesom Wike has said his state is not at war with the Federal Government over the controversial Value Added Tax (VAT) as insinuated in some quarters. He noted, however, that the state is not a…
THE GUARDIAN It is not your typical beer parlour brawl but believe me, it is still about beer. Every time you pay for goods or are paid for services, you pay extra money to the federal government. The payment is…
VANGUARD NEWS The raging controversy over Value Added Tax, VAT, continued yesterday with Governor Ifeanyi Okowa of Delta State, and his counterpart in Akwa Ibom State, Udom Emmanuel, insisting that collection of the tax remained the responsibility of states. While…
THE PUNCH Senior Special Assistant to the President on Public Affairs, Ajuri Ngelale, on Monday, knocked Rivers State Governor, Nyesom Wike, for being allegedly tribalistic and aggressive in his pursuit for the collection of Value Added Taxes by the South-South…
THIS DAY The Rivers State Governor, Mr. Nyesom Wike, yesterday, signed into law bills on Value Added Tax (VAT) collection, Open Grazing Prohibition in the state. Wike who spoke shortly after signing the bills into law at the Government House,…
THE NATION Again, the Nigeria tax environment has been given the shock treatment. A judge of the Federal High Court has ruled that the federal Inland Revenue Service (FIRS) can no longer collect and administer Value Added Tax (VAT) in…
VANGUARD The Senate on Thursday passed the Finance Bill presented to it by President Muhammadu Buhari to raise the country’s Value Added Tax(VAT) from 5 to 7.5 percent. The bill has five strategic objectives of promoting fiscal equity, reforming domestic…