FG Approves 50% Telecoms Tariff Hike

FG Approves 50% Telecoms Tariff Hike

 The Federal Government has approved a new 50 per cent hike in the cost of telephone services in the country.  This comes 12 years after the last tariff hike was effected. This was announced yesterday by the Nigerian Communications Commission (NCC) in a statement signed by the Director of Public Affairs, Reuben Muoka. The adjustment, […]

Governors Back Tax Reforms, Propose New VAT Formula

Governors Back Tax Reforms, Propose New VAT Formula

The Nigeria Governors’ Forum (NGF) has rejected any immediate increase in the Value Added Tax (VAT), citing potential economic pressure on businesses and households already dealing with inflation. In a communique issued after a meeting with the Presidential Tax Reform Committee in Abuja yesterday, the governors expressed support for the ongoing legislative process to modernise […]