Mass confusion is reigning over the potential of a VAT hike with various reports of it either being suspended for now or coming into effect on May 1. Yet, consumer-facing companies are already telling ...
Wale Edun, Finance Minister and Coordinating Minister of the Economy, has dismissed rumours of a planned hike in the Value-Added Tax (VAT) rate from 7.5% to 10%. In a Monday statement, Edun clarified ...