{"id":226231,"date":"2020-01-30T11:38:23","date_gmt":"2020-01-30T10:38:23","guid":{"rendered":"http:\/\/www.thetidenewsonline.com\/?p=226231"},"modified":"2020-01-30T11:38:23","modified_gmt":"2020-01-30T10:38:23","slug":"vat-hike-wont-affect-ordinary-nigerians-senate","status":"publish","type":"post","link":"https:\/\/www.thetidenewsonline.com\/?p=226231","title":{"rendered":"VAT Hike Won\u2019t Affect  Ordinary Nigerians -Senate"},"content":{"rendered":"<p>The Senate has assured Nigerians that the implementation of the 2.5 per cent increase in the Value Added Tax from February 1 will not affect the purchasing powers of an average Nigerian because the increment was targeted at luxury items.<br \/>\nThe President of the Senate, Ahmad Lawan, stated this yesterday, while answering a question on what palliative measures that the National Assembly expected the Federal Government to put in place, in order to ameliorate the expected pressure on the purchasing powers of Nigerians.<br \/>\nLawan said, \u201cThe 2. 5 per cent increment in VAT does not include items that ordinary Nigerians normally use.<br \/>\n\u201cMany of the items that would now have additional 2.5 per cent increment are luxury items that ordinary Nigerians don\u2019t use.\u201d<br \/>\nHe explained that the nation needed additional resources to provide basic social amenities that average Nigerians required.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Senate has assured Nigerians that the implementation of the 2.5 per cent increase in the Value Added Tax from February 1 will not affect the purchasing powers of an average Nigerian because the increment was targeted at luxury items. The President of the Senate, Ahmad Lawan, stated this yesterday, while answering a question on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":219902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[688],"class_list":["post-226231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-front-pix"],"_links":{"self":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/226231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=226231"}],"version-history":[{"count":0,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/226231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=\/wp\/v2\/media\/219902"}],"wp:attachment":[{"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=226231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=226231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thetidenewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=226231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}