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Home » Tag Archives: others face N3.9tn loss

Tag Archives: others face N3.9tn loss

September, 2021

  • 11 September

    VAT war: FG, others face N3.9tn loss, Lagos joins Rivers legal battle against FIRS

    The Federal Government, the Federal Capital Territory and about 34 states may face revenue drop to the tune of over N3.9tn if the governments of Rivers and Lagos states begin the collection of the Value Added Tax in their respective states. The last five years alone, the Federal Inland Revenue Service, a Federal Government agency that hitherto collected VAT on ...