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Finance Minister Inaugurates Committee to Draft New VAT Order Under Tax Reform Agenda

Six-week assignment to redefine VAT exemptions, strengthen implementation of Nigeria’s 2026 tax reforms ABUJA — The Federal Government has inaugurated an Inter-Ministerial Committee to develop a new Value Added Tax (VAT) Modification Order, marking another key step in implementing Nigeria’s sweeping tax reform programme. The committee was inaugurated on Friday by the Minister of Finance and Coordinating Minister of the…

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Dangote’s Dollar Pricing Pushes Petrol Above ₦1,200.

Refinery’s switch to dollar-denominated fuel sales ripples across Nigeria, driving pump prices higher and exposing consumers to foreign exchange volatility. LAGOS — For seven years, Chukwuemeka Obi has worked the fuel pumps at a filling station in Ojodu Berger, Lagos. He has witnessed fuel shortages, subsidy removals, and price adjustments, but says few developments have unsettled customers as much as…

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