Of the 55% VAT allocation to states, 50% will now be shared equally among all states, 20% will be distributed based on population, and 30% based on consumption.
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Tinubu at Mid-Term: Nigeria’s 2024 Tax Reform…
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Of the 55% VAT allocation to states, 50% will now be shared equally among all states, 20% will be distributed based on population, and 30% based on consumption.