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The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has dismissed reports that the value-added tax (VAT) rate has been increased from 7.5% to 10%. He emphasized in a statement released on Sunday, September 8, that the VAT rate remains at 7.5%, as stipulated by the country’s tax laws, and no changes have been made by the Federal …
Read More »VAT Rate Remains 7.5%, Finance Minister Clarifies Amidst Public Concern
