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The manufacturing sector remained the top contributor to Value-added Tax (VAT) with a contribution of N395.34 billion, representing 22.21 percent of the N1.78 trillion total VAT collections in the third quarter of 2024 (Q3’24), reaffirming its critical role in Nigeria’s economic development. Recall that the National Bureau of Statistics (NBS) also reported the manufacturing sector as the highest sectoral contributor, accounting …
Read More »Manufacturing sector remains top VAT contributor at 22.21%
