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Nigeria’s new Finance Bill: What you need to know

PUBLISHED: Tue, 14 Jan 2020 12:49:18 GMT

Nigerians will start paying a new 7.5 per cent Value Added Tax (VAT) on products as part of over 90 changes to 7 tax laws as the newly signed Finance Bill becomes law. Meanwhile, as Nigeria’s Economic Recovery Growth Plan winds down this year, local papers say a new plan is underway. Nonso Obikili, Director of Turgot Centre for Economics and Policy Research joins CNBC Africa from Abuja for more.


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