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IMF urges Nigeria to introduce telecom tax, VAT on fuel products

IMF urges Nigeria to introduce telecom tax, VAT on fuel products

News

The International Monetary Fund (IMF) has advised the Nigerian government to introduce excise duties on telecommunications services and extend Value Added Tax (VAT) to fuel products as part of broader measures to strengthen its revenue. The Fund gave the recommendation in its latest Article IV consultation report on Nigeria. The IMF said Nigeria would need […]

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