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Day: September 9, 2024

FG distributes 1.3m bottles of MMS to pregnant women

The Federal Government says it has distributed over 1.3 million bottles of Multiple Micronutrient Supplements (MMS) across 12 states, with an additional three million bottles scheduled for delivery by end of September. Mr Ado Bako, the acting Directo…

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ICPC Reaffirms Commitment to Support SERVICOM

The Chairman of the Independent Corrupt Practices and Other Related Offences Commission in Nigeria (ICPC), Dr. Musa Aliyu, has reaffirmed his commitment to support the Service Compact with All Nigerians (SERVICOM) to ensure effective service delivery…

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VAT Rate Remains 7.5% – Edun

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has debunked reports that the rate for Value-Added Tax (VAT) has been upwardly adjusted to 10% from 7.5%.

The Minister in a statement, affirmed that the VAT rate as…

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Nigeria Earns N1.56trn VAT in Q2, 2024

The Nigeria Bureau of Statistics, NBS, says the Federal Government’s aggregate receipt of the Value Added Tax ( VAT) Q2 2024 stood at N1.56 trillion, indicating a growth rate of 9.11% on a quarter-on-quarter basis from N1.43 trillion in Q1 2024.

Acc…

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