“No cause for alarm”: FG debunks plan to increase VAT after Atiku’s comment

The Nigerian Government is not proposing any such thing as the increment of VAT. Such reports should be ignored and discarded. It is false and misleading, as FG is not planning to add to the economic burden of Nigerians,” Aderonke said in a statement made available to TheTalk.NG.Alleged 10% VAT: FIRS and finance ministry deny reportsIt has not been discussed at all by both the Federal Ministry of Finance and FIRS. The Federal Ministry of Finance makes financial policy while the FIRS implement it. I can authoritatively tell you that the FIRS is not aware of the increment of VAT, and there is no proposition in front of the national assembly,” Aderonke noted.VAT remains 7.5%: No cause for alarmThere is no cause for alarm, Nigerians should be rest assured that the FG is working hard to fix the economy and improve the livelihood of the citizens. Please ignore such reports it is not true,” she reiterated.

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