Nigeria’s earnings from VAT rise by N530bn, hit N2.03tn –NBS report - Punch Newspapers

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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….

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