Mixed results as Nigeria generates N1.2trn from company tax, VAT in Q1 2023

Mixed results as Nigeria generates N1.2trn from company tax, VAT in Q1 2023

Nigeria generated N1.18 trillion from Company Income Tax (CIT) and Value Added Tax (VAT) at the end of the first quarter of 2023, representing an increase of 3.37 percent over N1.14 trillion realized from both revenue sources as of March 2022. VAT contributed 60.2 percent of the total earnings from both revenue sources. In terms […]
Source: Mixed results as Nigeria generates N1.2trn from company tax, VAT in Q1 2023

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