The 36 states of the federation are set to receive an estimated N5.07tn as their share of Value Added Tax in 2026, following the commencement of a new VAT sharing formula introduced under the National ...

The Nigeria Governors’ Forum has reiterated its strong support for the comprehensive reform of Nigeria’s outdated tax laws and approved a revised Value Added Tax distribution formula, with 50% ...

Apply the formula: click on cell D13 (in our example)and then go to the bottom right of the cell till the black square, cursor will turn into a black cross. Hold the left mouse button and drag the ...

The Presidential Fiscal Policy and Tax Reforms Committee and the Revenue Mobilisation Allocation and Fiscal Commission are locked in a dispute over the constitutional rights to administer and allocate ...

A coalition of civil society organizations, the Citizens Network for Peace and Development in Nigeria, has rejected the Value Added Tax, VAT, sharing formula proposed by the Nigeria Governors Forum, ...