The Nigeria Governors’ Forum (NGF) has opposed the proposed increase in Value Added Tax (VAT) from 7.5% to 10%, describing the move as untimely. The decision was made at a meeting held in Abuja on Thursday. Speaking after the meeting, the governors emphasized that increasing VAT in the current economic climate would place an additional […]

The Nigeria Governors’ Forum (NGF) has expressed support for the proposed tax reform bills currently being deliberated at the National Assembly. The forum has also called for an “equitable” sharing formula for Value-Added Tax (VAT) to ensure fair distribution of resources among states. In a statement issued on Thursday, the NGF revealed that the decision […]

The 36 governors in Nigeria have finally endorsed President Bola Tinubu's tax reform bill and proposed new VAT sharing formula. A breakdown published in video.

The Nigeria Governors’ Forum, NGF, has rejected moves by the Federal Government to increase Value Added Tax, VAT. The governors, while making their