Nigeria exempts food from VAT as it increases the tax to 7.5pc

Nigeria exempts food from VAT as it increases the tax to 7.5pc

Nigeria exempts food from VAT as it increases the tax to 7.5pc

Nigeria has increased Value Added Tax (VAT) from 5 percent to 7.5 percent to raise revenue but exempted many foodstuffs from VAT to alleviate the cost burden from consumers.

For more information, please see https://www.theeastafrican.co.ke/business/Nigeria-VAT/2560-5425080-n6aeol/index.html

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