EU declares Nigeria’s VAT rate of 7.5 per cent as low and inefficient

Massimo De Luca, Head of Cooperation and Delegation of the EU to Nigeria and ECOWAS, gave the verdict at the 4th Session of the Steering Committee of the Support Programme for Fiscal Transition in West Africa (PAFT) in Abuja, yesterday. According to the EU official, VAT administration in the country also lacks transparency, as Businesses […]
