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Educate Nigerians on VAT hike, senators asks finance minister

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Members of the Senate Committee on Finance on Monday asked the Minister of Finance, Zainab Ahmed to enlighten Nigerians on the implications of the proposed increment in the Value Added Tax.

The executive arm of government is seeking legislative approval for its proposed Finance Bill 2019, which has passed second reading in the red chamber.

They said Nigerians would specifically want to know the items exempted from the tax hike, especially food items.

 

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