If VAT Goes to 12.5%, How Will Rent Bills Change?
Value Added Tax (VAT) is one of the most important sources of government revenue in Nigeria. Currently set at 7.5%, it was raised from 5% in 2020, and now there are discussions that it could increase further to 12.5%. While this move may help the government fund infrastructure, social programs, and debt obligations, many Nigerians … Read more