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Thursday, January 23, 2025

TUC rejects VAT hike, urges pro-people tax reforms

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The Trade Union Congress of Nigeria has opposed the proposed increase in the Value Added Tax rate, as outlined in the Federal Government’s Tax Reform Bills, warning that the move could worsen the economic hardship faced by Nigerians. The Federal Government had proposed a phased VAT hike from the current 7.5% to 10%, 12.5%, and

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