Federal Executive Council (FEC) hike of Value Added Tax (VAT) from 5.0% to 7.2%, a 44% increase, presents a Catch-22 Situation for Nigeria’s economy. It may raise IGR but will not create an enabling environment. The desired effect may prove a reverse. NASS should consider these fact before approving the policy. [SCPT]
Mr. Obaze is the former Secretary to the State Government of Anambra State, Nigeria from 2012 to 2015 - MD & CEO, Oseloka H. Obaze. Mr. Obaze also served as a former United Nations official, from 1991-2012, and as a former member of the Nigerian Diplomatic Service, from 1982-1991.
Selonnes Consult Ltd. is a Strategic Policy, Good Governance and Management Consulting Firm, founded by Mr. Oseloka H. Obaze who served as Secretary to Anambra State Government from 2012-2015; a United Nations official from 1991-2012 and a Nigerian Foreign Service Officer from 1982-1991.