Rising from its engagement with the Presidential Committee on Fiscal and Tax Reforms in Abuja on Thursday, the NGF endorsed an updated VAT distribution formula. The governors proposed that the VAT ...

The Governors proposed a revised Value Added Tax (VAT) sharing formula, which ensures equitable distribution of resources. According to the communique issued by the NGF on Thursday, the revised ...

The Nigerian Governors' Forum (NGF) has proposed a revised Value-Added Tax (VAT) sharing formula, which has been accepted by the Presidential Committee on Tax Policy and Fiscal Reforms.

In an exclusive interview with Saturday PUNCH, Ndume said the proposed 30% VAT sharing formula remained high, despite the endorsement by the governors. He said, “30% VAT sharing based on ...