submitted 12 months ago by uzong
- The Trade Union Congress of Nigeria opposes the proposed increase in the Value Added Tax rate, warning that it could worsen economic hardship for Nigerians already facing challenges like inflation and unemployment.
- The TUC suggests maintaining the VAT rate at 7.5% and increasing the tax exemption threshold to N2.5 million per annum to provide relief to low-income earners and stimulate economic activity.
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