FG targets tax increase on luxury goods, amid dwindling revenue

Luxury goods: Nigeria, next big frontier

The increasing wealth among Nigerians is believed to be fuelling growth in the luxury end market on the continent.

The Senate has appealed to the Federal government to consider increasing taxes on luxury goods and services to shore up its dwindling revenue available to finance government spendings in the country. In recent times there has been an increased effort by the government to raise revenues in the face

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