Value Added Tax

  • 7.2 VAT Increase : Govt Obeying the Directives of Unseen Forces-AWC

    The All Workers Convergence(AWC) has declared that the faulty policies of the Federal Government are fall outs of the external directives under implementation.

    The AWC made this declaration through its National Coordinator, Comrade Andrew Emelieze.

    ‘’President Muhammadu Buhari and his government are obeying directives from unseen foreign forces, to devalue our national currency and the economy, thus the 7.2 per cent increment in the Value Added Tax(VAT). It is more painful that this is coming at a time when workers are making demands for an increase in wages and when such wage increment has not been implemented, government has decided to make goods and services more expensive, thereby, in a way, putting unimaginable burden on impoverished Nigerians.’’

    ‘’As a matter of fact this policy is not welcomed, it must be rejected by Nigerians and Labor unions should seek its immediate reversal. The AWC joins its voice with Nigerians to call on President Buhari to immediately reverse the unwanted policy’’, Comrade Emelieze stated.