Tinubu Suspends VAT On Diesel - Business - Nairaland
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| Tinubu Suspends VAT On Diesel by Thonyb(m): 7:21am On Oct 02, 2023 |
President Bola Ahmed Tinubu has approved a six-month waiver of the 7.5 per cent Value Added Tax on Automotive Gas Oil, popularly known as diesel. Mohammed Idris, the Minister of Information and National Orientation disclosed this on Sunday after a meeting between the federal government and the organized labour. The development comes amid the rising cost of diesel, which jumped from 600/per litre in earlier June to N1000/ per litre. @The Federal Government also committed to providing funds for micro and small-scale enterprises and waivers on VAT on diesel for the next six months,” Idris said. .ng reports that the announcement comes as part of resolutions from an emergency meeting between the federal government and the organized labour to halt the planned October 3 indefinite strike. The federal government also reiterated its commitment to provide funds for micro and small-scale enterprises. https://.ng/2023/10/02/tinubu-suspends-vat-on-diesel/ 1 Like
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| Re: Tinubu Suspends VAT On Diesel by Shollay20(m): 7:31am On Oct 02, 2023 |
Good move. |
| Re: Tinubu Suspends VAT On Diesel by Nobody: 7:40am On Oct 02, 2023 |
How can Tinubu add VAT on diesel after subsidy removal?That is a senseless move. |
| Re: Tinubu Suspends VAT On Diesel by Phred1717: 7:47am On Oct 02, 2023 |
If it's true... Then kudos to them n the first of its kind |
| Re: Tinubu Suspends VAT On Diesel by MrsTwrite(f): 7:57am On Oct 02, 2023 |
Nice one from Mr President. |
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