The federal government has exempted 63 items from value-added tax (VAT). According to a post on X by Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, on Friday, the exempted items are contained in an official gazette for the ‘Value Added Tax (Modification) Order, 2024,’ dated September 3, 2024. On Wednesday, Wale Edun, minister of finance and coordinating minister of the economy, announced the introduction of concessions aimed at revitalising the oil...