FG Moves To Reduce Domestic  Air Airfares By 50%

LAGOS DECEMBER 19TH (NEWSRANGERS)-The Federal Government is tinkering with the idea of subsidizing airfares to reduce the high costs of tickets. The Minister of Aviation and Aerospace Development, Mr Festus Keyamo was said to have held a meeting last week Friday with airline operators through their umbrella body, Airline Operators of Nigeria (AON) with a…

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FG To Increase VAT From 5% To 50%

LAGOS MARCH 20TH (NEWSRANGERS)-The Federal Government on Tuesday revealed its plan to increase the Value Added Tax (VAT) up to 50 percent. This is even as the upper chamber of the National Assembly approved N30, 000 as new minimum wage. The planned upward review of the Value Added Tax up to 50 percent was disclosed…

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