Tag: How Nigeria Earned N781.35bn From VAT in Q2 2023

  • How Nigeria Earned N781.35bn From VAT in Q2 2023

    How Nigeria Earned N781.35bn From VAT in Q2 2023

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    by

    Olumide Akinrinlola
    in

      Nigeria’s Value Added Tax for the Second Quarter of 2023 grew marginally by 10.11 percent to N781.35 billion from N709.59 billion recorded in Q1. The National Bureau of Statistics disclosed this in its recent Value Added Tax Q2 2023 report Local payments recorded were N512.03 billion, Foreign VAT Payments were N142.63 billion, while import…