15% imported petroleum tax: Dangote Refinery promises to live up to expectation, promises steady supply

The Dangote Petroleum Refinery has defended the government’s new tariff policy, describing it as a necessary measure to shield local industries from unfair foreign competition and product dumping. The Group Chief Branding and Communications Officer of Dangote Industries Limited, Anthony Chiejina, said in a statement that the refinery currently dispenses over 45 million litres of…

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FG rakes in N600bn VAT from Facebook, Amazon, Netflix as Oyedele defends tax reforms

Nigeria has successfully collected over N600 billion in Value Added Tax (VAT) from international digital service providers, including Facebook, Amazon, and Netflix, following amendments to the VAT Act that brought non-resident companies into the country’s tax net. The Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, disclosed…

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