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The Nigerian tax agency, Federal Inland Revenue Service has given a two-week ultimatum to all tax agents nationwide to remit Value Added Tax (VAT) and Withholding Tax (WHT) to the agency’s accounts. It said it would embark on a nationwide VAT compliance exercise, starting from Monday, October 23, 2023. This was announced in a public notice released on Tuesday across the agency’s social media platforms, revealing further that the agency will start a tax compliance monitoring exercise next Monday throughout the country.