5 Things that Should Matter Today: The PDP has advised FG to reverse its decision on VAT increase from 5% to 7.2%

The Peoples Democratic Party (PDP) has advised the Federal Government to reverse its decision to increase the Value Added Tax (VAT) from 5 per cent to 7.2 per cent. The party in a statement issued by its National Publicity Secretary, Mr Kola Ologbondiyan on Thursday in Abuja said that the PDP rejected the decision.

Ologbondiyan said that Nigerians could not bear such a burden under the prevailing economic situation. For now, before there can be an increase in VAT, the National Assembly has to approve it. Fingers crossed.

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Read » 5 Things that Should Matter Today: The PDP has advised FG to reverse its decision on VAT increase from 5% to 7.2% on YNaija

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