August 4, 2025

VAT

General Tax Reform VAT

FG’s 2026 Tax and VAT Reforms to Ease Burden on Low-Income Earners, Boost Transparency

Abuja, Nigeria – June 30, 2025 The Federal Government has officially unveiled sweeping tax and Value Added Tax (VAT) reforms, set to take effect in 2026, aimed at reducing the tax burden on low-income earners, increasing transparency in financial transactions, and restructuring VAT distribution across the three tiers of government. The reforms, announced through the

Read More
General VAT

North Central States Receive Over Twice Their Q1 2025 VAT Contributions

Abuja, June 21, 2025 – States in Nigeria’s North Central zone collectively received a total of ₦126.17 billion in Value Added Tax (VAT) allocations during the first quarter of 2025, despite generating ₦52.69 billion within the same period, a reflection of the Federal Government’s revenue sharing structure aimed at fiscal balancing across the federation. According

Read More