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TUC Rejects Proposed VAT Hike, Demands Pro-People Adjustments in Tax Reform Bill

TUC Rejects Proposed VAT Hike, Demands Pro-People Adjustments in Tax Reform Bill

The Trade Union Congress (TUC) of Nigeria has firmly opposed the proposed increase in Value Added Tax (VAT) from the current rate of 7.5% to 10%, with potential increments to 12.5% and 15% as outlined in the Federal Government’s Tax Reform Bill. The Congress argued that such a move would exacerbate the financial struggles of … Read more

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