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Manufacturing Sector Remains Top VAT Contributor at 22.21%

The manufacturing sector remained the top contributor to Value-added Tax (VAT) with a contribution of N395.34 billion, representing 22.21 percent of the N1.78 trillion total VAT collections in the third quarter of 2024 (Q3’24), reaffirming its critical role in Nigeria’s economic development.

Source: www.vanguardngr.com

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