The Nigerian National Assembly is weighing a comprehensive bill that proposes a notable shift in Nigeria’s tax structure, specifically aimed at increasing the value-added tax (VAT) from 7.5 percent to 10 percent by 2025. According to The Cable, the bill, which outlines a phased approach, suggests that the VAT rate will continue to rise to … Continue reading Nigerian Lawmakers Consider Bill to Increase VAT to 10% By 2025