Two Nigerians can buy the same product, water, and pay different taxes on it.
A sachet of water bought on the street attracts no Value Added Tax (VAT), while bottled water purchased in a supermarket is taxed. The difference is not the product itself, but how it is classified and consumed under Ni
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Ayomide Odunlami
Ayomide Odunlami is a Tax Reporter at BusinessDay, covering Nigeria’s tax reforms, compliance trends, and government revenue strategies. She reports on how evolving tax policies affect businesses, investors, and the broader economy, providing clarity on complex regulatory issues through data-driven journalism.
