Update: 7.5 Percent VAT Kicks Off As Buhari Signs Finance Bill

Presidency Exempts Tuition, Food, Sanitary Pads From New VAT Hike

The Value Added Tax (VAT) goes from five per cent to 7.5 per cent following President Muhammadu Buhari’s signing of the 2020 Finance Bill. Ekohotblog recalls Buhari signed the Bill on Monday. But the implementation will be delayed till the new law is gazetted. It is not clear how soon this will be done. The … Read more