VAT distribution shows N42bn increase in Q2

VAT distribution shows N42bn increase in Q2

The National Bureau of Statistics (NBS) sectoral distribution of Value Added Tax (VAT) data for second-quarter (Q2) 2017 reflected that the sum of N246.30billion was generated as Value Added Tax in Q2 2017 as against N204.77billion generated in Q1 2017. This growth of about N42billion in Q2 2017 compares to N187.03billion in Q2 2016 representing…

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