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FG imposing more hardships on Nigeria with VAT increment – Fayose

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Read the press statement below… Ekiti State Governor, Mr Ayodele Fayose has said that the Federal Government was planning to impose more hardships on Nigerians by increasing Value Added Tax (VAT) from the current five per cent to 10 per cent, describing the move as insensitive to the plight of Nigerians who are suffering from the bad economic policies of the President Mohammadu Buhari led All Progressives Congress (APC) government. Vice President Yemi Osinbajo had said on Thursday, in Lagos that the current five per cent VAT rate in the country was very low, and went on to add that

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