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Nigeria: Reps direct GTB to remit VAT on Remita from 2015-2022 — Africa Links 24

Nigeria: Reps direct GTB to remit VAT on Remita from 2015-2022 — Africa Links 24

Africa Links 24 with Ibrahim Ramalan
Published on 2024-09-13 09:26:23

The House of Representatives has asked Guaranty Trust Bank, GTB, to remit Value Added Tax, VAT, on the commission received from Remita between 2015 and 2022 to the Federal Government recovery account.

The Chairman, Public Accounts Committee, PAC, of the lower chamber, Rep. Bamidele Salam (PDP- Osun), gave the directive on Thursday during the ongoing investigation into alleged revenue leakages through REMITA platform.

The committee is also investigating non-compliance with the standard…

Read the Full article on DailyNigerian.com

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