Nigeria’s total Value Added Tax (VAT) generated so far in 2020 has hit N1.08 trillion within nine months, the Nigerian Bureau of Statistic (NBS) has revealed. The figure is a 22.87 per cent increase over the amount (N876.1 billion) recorded for the same period in 2019 on a year to date (YTD) comparison and a 54.4 per cent growth rate year on year when compared with the same period of 2019. According to the data for the nine-month period of 2020, a total VAT of N424.71 billion was generated during…
Read moreNigeria rakes in N1.08trn VAT in 9 months
