BREAKING: Sanwo-Olu signs Lagos VAT bill, Nigerian govt opposes

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Lagos Governor, Babajide Sanwo-Olu has signed the State Value Added Tax (VAT) bill into law. The bill was passed by the House of Assembly on Thursday

bill was passed“By this act, the Bill has now become a Law”, Gbenga Omotoso, Information Commissioner announced in a statement on Friday.

The federal government is opposed to the passage of the bill and is in court to block it from going into effect. The Court of Appeal explained that it granted the state’s application, filed by the Attorney General and lead counsel Moyosore Onigbanjo, in the interest of justice.The appellate court rejected FIRS objection, noting that the agency made serious allegations against the state in its suit.

 

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