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FG to increase tax on champagne, other luxury items – Daily Post Nigeria

February 2, 2017Top StoriesNation - Google News

Daily Post Nigeria

FG to increase tax on champagne, other luxury items
Daily Post Nigeria
This was revealed by the Minister of Finance, Kemi Adeosun, after the Federal Executive Council meeting on Wednesday. Nigerians still pay 5% VAT, which was introduced by the military government in 1994 and is one of the lowest in the world. “What the …

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