Nigeria generated a total of N2.03tn from Value Added Tax collections in 2021, data from the National Bureau of Statistics have shown.
According to a report released by the NBS on Friday, the country earned N563.72bn from VAT in Q4, showing a growth of 12.63 per cent, quarter-on-quarter. “This shows higher revenue in the first three quarters of 2021, revealing an improvement in collections.
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Stealing from the common man
Where is all this money eh….