September 25, 2019
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7:07Now PlayingThe Federal Executive Council on September 11 approved 7.2 per cent as new Value Added Tax rate for the country, up from the current 5 per cent.
However the decision is yet to take effect as consultations are still ongoing .
The proposal has generated mixed reactions from Nigerians.
Gist Nigeria assessed the arguments and analysed its impact on the economy.
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