7.5% VAT: Business groups raise concern over unmoved stock, growth

The 7.5 per cent Value Added Tax (VAT) increase will reduce sales and diminish profits, some big manufacturers and small business owners in the country have said. Speaking exclusively to Daily Trust yesterday, the Vice President of the Abuja Chamber of Commerce and Industry (ACCI) in charge of commerce, Dr. Johnson Somadina Anene, expressed pessimism []The post 7.5% VAT: Business groups raise concern over unmoved stock, growth appeared first on Daily Trust.
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