Nigeria records N1.20trn VAT, N1.13trn Company Tax in Q4 2023 – NBS
The National Bureau of Statistics (NBS) said the aggregate Value Added Tax (VAT) stood at N1.20 trillion in Q4 2023.
This is according to the VAT Q4 2023 report released in Abuja on Thursday.
The report shows a growth rate of 26.61 per cent on a quarter-on-quarter basis from N948.07 billion in Q3 2023.
It said local payments recorded were N630.00 billion, while foreign VAT payments contributed N326.27 billion, and import VAT contributed N244.04 billion in Q4 2023.
The report said on a quarter-on-quarter…