Nigeria Set to Increase VAT on Luxury Goods
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has said the federal government plans to raise Value Added Tax (VAT) to 15%, primarily on luxury goods and services. The Minister while speaking at the Global Investors forum on the sidelines of the World Bank/IMF annual meetings in Washington DC, US, […]
RMAFC clarifies legislators’ N13.5m monthly salaries, allowances
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has cleared the air on the salaries and allowances being paid to members of the National Assembly. This is contained in a statement signed by the chairman of RMAFC, Mr Mohammad Shehu in Abuja on Tuesday. According to him, the clarification has become imperative. Shehu said that […]
President Tinubu signs Judicial Office Holders Salaries into Law
The Special Adviser to the President on Senate Matters, Senator Basheer Lado CON, disclosed this in a statement in Abuja (today) Tuesday. According to Lado, the new Act “prescribes salaries, allowances, etc., for Judicial Officers to reflect the changing realities and consequentially amend the provisions of the Certain Political, Public and Judicial Office Holders (Salaries […]
