- President sought to shift VAT allocation to favour generating states
- Compromise keeps 50% equal-sharing rule amid re-election considerations
Abuja, Nigeria – President Bola Tinubu’s sweeping tax reforms have redrawn the contours of Nigeria’s fiscal landscape but failed to fully realise his ambition to overhaul how revenue is shared among the country’s 36 states, particularly in relation to value-added tax (VAT).
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