FG Can Retain Current VAT Structure, Says Presidential Committee Chairman

Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has suggested that Nigeria can retain its current Value Added Tax (VAT) structure without modifications.

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that the current Value Added Tax (VAT) structure can be retained as it is, according to a recent announcement. Oyedele's comments come amid controversy surrounding tax reforms in Nigeria. The chairman's support for maintaining the existing VAT framework suggests a possible shift away from proposed changes aimed at increasing revenue collection.