Raise VAT from 7.5% to 10% – Finance Minister urges incoming government

GistReel

The Minister of Finance, Mrs. Zainab Ahmed, has urged the incoming government to increase the Value Added Tax, VAT. The minister said that increasing VAT from the current 7.5 % to 10 %, would stimulate the country’s economic growth. Zainab Ahmed made the call during a courtesy visit to the headquarters of VON in Abuja. …