BREAKING NEWS: States to earn over N4tn yearly from VAT reforms when new Value Added Tax take effect
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has projected that states could earn more than N4tn annually from 2026, when new Value Added Tax reforms take effect.
Oyedele made this disclosure on Tuesday at the launch of the BudgIT State of States 2025 Report in Abuja, where he delivered the keynote address.
The event also marked the 10th anniversary of the initiative.
He said, “With VAT reforms kicking in from 2026, states’ share will rise to ..For more Details, Read full original.
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