Nigerian Electricity Regulatory Commission To Increase Electricity Tariff From April

LAGOS JANUARY 4TH (NEWSRANGERS)-The Nigerian Electricity Regulatory Commission has said the electricity tariffs being paid by consumers will increase in April this year. NERC disclosed this in its ‘December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020,’ which was dated December 31, 2019. It said the order,…

Read More

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…

Read More