Skip to main content
🇳🇬 Latest Nigerian News
📰
Politics

Hisbah, Alcohol, VAT: An Unpopular Opinion

📅31 March 2026 at 14:47
📰P.M.News
👁️0 views
Share:
📰

Article Preview

VAT is not a prize awarded to states that host certain industries, but a national consumption tax collected by the Federal Government and shared using agreed constitutional formula. Once collected, the money loses memory of its origin. It stops being alcohol VAT, gambling VAT, pork VAT, nightclub VAT or interest-based banking VAT. It is just VAT.

🎧
Listen to Preview

Audio version available

🔇

Audio Reader

Not supported in this browser

Want the full story?

Click below to load the complete article with full details, analysis, and context.

Share this story

Share:

Source: This article was originally published by P.M.News. All rights reserved to the original publisher.

Comments

Loading comments...

Leave a Comment

Related Stories

Stay Updated

Get the latest Nigerian news delivered to your inbox.

Trending Now