FACT-CHECK: Nigeria’s Finance Minister Lied In Claiming Country’s VAT Rate Lowest In The World
By Ogar Monday Claim: Nigeria’s Minister of Finance, Zainab Ahmed, recently claimed that the country’s 7.5% VAT rate is the lowest in the world. Verdict: False. At least three other countries have a lower VAT rate than Nigeria. Full Text As Nigeria struggles with a rising cost of governance and depleting revenue, the government continues