Will Nigeria raise VAT above 7.5% before 2027?

Rules

Tax reform bills have proposed staged VAT increases. Will a higher VAT rate actually take effect before 1 January 2027?

Resolves 'Yes' if a standard VAT rate above 7.5% is legally in force in Nigeria at any time before 1 January 2027 00:00 WAT, per an Act signed by the President or a gazetted commencement order. Otherwise 'No'.

Resolution source

Federal Inland Revenue Service / Nigeria Revenue Service notices; Federal Government gazette.

End date

31 Dec 2026, 22:59