Nigeria VAT

Nigeria introduced Value Added Tax in December 1993. The rules for compliance and returns are contained within the VAT Act 1993.

VAT is administered by the Federal Inland Revenue Service (FIRS). Import VAT is administered and collected by the Customs Services.


Should you register for Nigerian VAT?

The following supplies require businesses to VAT register with the FIRS:

  • Supply of goods and services which are otherwise not exempted by the VAT Act
  • Imports of goods into Nigeria

Latest Nigerian news

Nigeria 15% Luxury VAT

April 9, 2017

Nigeria has proposed the introduction of new luxury goods VAT rate of 15%.  The standard VAT rate is 5%.  If approved, the new rate...

Nigeria plans VAT rate rise to 10%

August 10, 2015

The Nigerian Federal Inland Revenue has confirmed plans to double the Nigerian VAT rate from 5% to 10% this year. The rise is seen...

Nigeria faces 10% VAT following oil crash

January 24, 2015

Nigeria is proposing to raise its VAT rate from 5% to 10% as it struggles to manage the losses on its key oil exports...