Nigeria has recorded a 45.02% increase in its Value Added Tax (VAT) collections, amassing a total of $2.3 billion in 2023, according to data from the National Bureau of Statistics (NBS).
This considerable growth, up from $1.6 billion collected in 2022, underscores the country’s strengthening economic landscape amidst various reforms and measures aimed at enhancing tax compliance and broadening the tax base.
Read more at Nairametrics
This considerable growth, up from $1.6 billion collected in 2022, underscores the country’s strengthening economic landscape amidst various reforms and measures aimed at enhancing tax compliance and broadening the tax base.
Read more at Nairametrics
