In a country where fiscal power has long rested in Abuja, Nigeria’s newly signed value added tax (VAT) reforms could quietly rebalance economic control, handing more revenue to states and easing cost pressures on families and businesses.
Signed into law on June 26, 2025, by President Bola Tinubu, the new tax reform package introduces sweeping changes to how VAT is applied, recovered, and distributed. Four key shifts, centered on input VAT recovery, zero-rated essential goods, mandatory e-invoicing, and a revised revenue sharing formula, coul
