The 2024 Nigeria Tax Bill has proposed value-added tax (VAT) exemptions on items such as baby products, locally manufactured sanitary pads, and household food items.
Section 187 of the bill, which recently passed its second reading at the National Assembly, propose exemptions for approximately 14 items from Value Added Tax (VAT). According to Section 188, zero percent VAT was proposed on another 18 items, including compressed natural gas (CNG) and household cooking gas equipment.
According to the bill, the list of items that are VAT-exempt include;