How tax reforms bill will make housing affordable to Nigerians – Presidency
The Nigerian government has shared how the new Tax Reforms Bill will help make housing more affordable for citizens. According to Taiwo Oyedele, who leads the Presidential Fiscal Policy and Tax Reforms team, the bill will reduce taxes on the building and real estate sectors. He explained this during a construction industry forum in Abuja. […]
Nigerian Government Removes VAT on Cooking Gas, CNG, and Diesel to Reduce Living Costs
The Nigerian government has made a significant decision to remove the Value-Added Tax (VAT) on several energy products, including cooking gas (Liquefied Petroleum Gas), Compressed Natural Gas (CNG), and diesel (Automotive Gas Oil). This step aims to reduce the high cost of living and attract more investments in the energy sector. Wale Edun, the Minister […]