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Nairaland Forum / Nairaland / General / Politics / VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS (5373 Views)
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VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by BrandNewsDay(m): 8:55am On Jan 27, 2021 |
The Nigerian government generated a total sum of 1.53 trillion naira revenue from Value Added Tax (VAT) in 2020, up by 29.3% when compared to 1.18 trillion naira recorded in 2019. https://brandspurng.com/2021/01/27/nigeria-vat-revenue-grew-by-29-3-to-%e2%82%a61-53-trillion-in-2020-nbs/ 1 Like
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Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by istina: 9:08am On Jan 27, 2021 |
Why won't be so when the only thing left fo FG to tax is the air we breathe. Wicked govt 18 Likes |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by GamalNasser: 9:10am On Jan 27, 2021 |
But did it really grow in value ? 7 Likes 1 Share |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Sammy07: 9:15am On Jan 27, 2021 |
Professional Services generated the highest amount of VAT with N42.38bn generated and closely followed by Other Manufacturing generating N39.45bn, Commercial and Trading generating N21.15bn We need to up our game in mining sector. Its clearly people ain't into mining. 2 Likes |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Sammy07: 9:16am On Jan 27, 2021 |
Out of the total amount generated in Q4 2020, N212.52bn was generated as Non-Import VAT locally while N143.35bn was generated as Non-Import VAT for foreign. The balance of N98.81bn was generated as NCS-Import VAT. Nigeria Customs didn't deliver everything. I'm sure 4 Likes |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by lastmessenger: 9:19am On Jan 27, 2021 |
Collected mostly from the south and used mostly in the North 23 Likes |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Sammy07: 9:22am On Jan 27, 2021 |
lastmessenger: That's because northerners owns this country that's the pure truth. 1 Like |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by mrvitalis(m): 9:30am On Jan 27, 2021 |
That's less than 2.5 billion dollars ...lmao Nigeria is really broke With a nepotistic president like buhari why would a southerner want to pay tax ...so that they would use it to build 30 billion airport in Kastina when it's obvious anambra would have been better option ? We the south get the brain ... evading tax is nothing and we would keep doing it ...north catch us if you can 13 Likes 2 Shares |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by slawormiir: 9:31am On Jan 27, 2021 |
Damnnn niggarrrr Me nor get anything to yarn for this topic..... Business admin and students way read statistics we dey wait una.. Make una drop comments make I seek for knowledge |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by oluwaseyi0: 9:31am On Jan 27, 2021 |
mostly made from the South including from alcoholic drinks but to be jointly shared by parasitic (both in finance, religion and security) North 16 Likes 1 Share |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by MANNABBQGRILLS: 9:31am On Jan 27, 2021 |
Slow and steady we will get to a new Nigeria. God bless our darling Daddy President Muhammadu Buhari and his amiable Vice president Prof Yemi Osinbajo as they make our once looted and vandalized nation work again. God bless Nigeria. 2 Likes 2 Shares
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Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by ForeThinker: 9:31am On Jan 27, 2021 |
Like Damnn damm damnn |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Hndrrxxx(m): 9:32am On Jan 27, 2021 |
Gh |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by tamdun: 9:32am On Jan 27, 2021 |
Sammy07:Hnmm |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Gkay1(m): 9:32am On Jan 27, 2021 |
E nor concern me |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Badonasty(m): 9:32am On Jan 27, 2021 |
twice on fp....mod don high |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Nobody: 9:32am On Jan 27, 2021 |
More tax revenue and no commendable development in this corntree. Foolish government. |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by general111(m): 9:32am On Jan 27, 2021 |
And looted by politicians 1 Like |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Deserea: 9:32am On Jan 27, 2021 |
Yet, Bubu will still borrow. 1 Like
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Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by triple996(m): 9:32am On Jan 27, 2021 |
Whats wrong with that mod today,front page twice Maybe his high on slawomiirs Edo weed BTW some people will not be happy with this news. Infact they won't sleep well today.u will start seeing different kind of complains like .....they are taxing too much,no security, dying population etc. Big for nothing swines 1 Like |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by samuel97(m): 9:33am On Jan 27, 2021 |
kudos to the Govt.
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Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Nobody: 9:33am On Jan 27, 2021 |
and dem go day money no dey country |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Nobody: 9:33am On Jan 27, 2021 |
istina:See this one, do you think they tax us as much as other countries tax their citizens |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by H2ho(m): 9:33am On Jan 27, 2021 |
On paper right? |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by sammysmiles(m): 9:34am On Jan 27, 2021 |
Money no loss but Nigerians dey find am... |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Nobody: 9:34am On Jan 27, 2021 |
Yes because you increased it.. |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by oluwaSavage: 9:34am On Jan 27, 2021 |
Hmmm, na to just dey hear billions and trillions Upandan. Nothing to showcase. Make them share am well well. One day, one day, chicken will come home to roost. 1 Like
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Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by triple996(m): 9:35am On Jan 27, 2021 |
istina: Bros taxes are collected everywhere in the world. Britain,russia, even in America citizens are taxed. It's only in Nigeria that we see tax by a specific government as a form of wickedness 2 Likes |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Mavrick2012: 9:35am On Jan 27, 2021 |
Generate lots of revenue,yet,borrowing still continue. This kind ojuju government is really confusing me,wallahi 1 Like |
Re: VAT Revenue Grew By 29.3% To ₦1.53 Trillion In 2020 – NBS by Omezif(m): 9:36am On Jan 27, 2021 |
Kudos to nigerians. we nigerians are trying by generating a lot of money after taxing us. but upon the collective effort we are making to build nigeria crooks in this government are yet to tell us why they are yet to repent to put smile on the face of nigerians. |
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