Tell9jamedia
May 29, 2025 at 09:00 AM
*President Bola Tinubu has declared that Value Added Tax (VAT) will no longer apply to rents, public transportation, and renewable energy.*
*The statement means that President Bola Tinubu has decided that no Value Added Tax (VAT) will be charged on:*
*Rents (money paid for housing or property use),*
*Public transportation (like buses, trains, or other shared transport services), and Renewable energy (like solar or wind power).*
*This move is likely aimed at reducing the cost of living, promoting clean energy, and making public transport more affordable for citizens.*
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