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FG GOVERNMENT DENIES INCREASE IN VAT RATE AS BEING SPECULATED.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun debunks the lies on VAT Increase:

“The current VAT rate is 7.5%, and this is what the government charges on a spectrum of goods and services to which the tax applies.
“Therefore, neither the Federal Government nor its agencies will act contrary to what our laws stipulate.” Details later.

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