Southern governors back VAT collection by states

Southern governors back VAT collection by states

9/16/2021 8:09:00 PM

Southern governors back VAT collection by states

Sixteen governors and deputies met in Enugu on Thursday.

September 16, 20212 min readGovernors of the southern states of Nigeria have expressed their support for the collection of Value Added Tax (VAT) by state governments.Governor Rotimi Akeredolu of Ondo State disclosed this while reading a communique at the end of a meeting of the governors on Thursday in Enugu.

American Accuses Lagos Airport Officials Of Extortion Carabao Cup: Chelsea survive Southampton shootout, advance to quarter-finals - Punch Newspapers South-East turns battlefield for separatists, security agents, 255 killed in nine months - Punch Newspapers

Mr Akeredolu said the governors resolved and affirmed the position that the collection of VAT fell within the powers of state governments.“We resolved to support the position that the collection of VAT falls within the powers of the state.“The meeting reaffirmed its earlier commitments to fiscal federalism and emphasised the need to pursue its inclusion in the Nigerian Constitution through the on-going constitutional amendment,’’ he said.

Some southern states such as Rivers and Lagos have already enacted laws to collect VAT while others are in the process of doing so.Mr Akeredolu urged states in the south to leverage the competence of their houses of assembly and representation at the National Assembly to pursue the goal. headtopics.com

He said the meeting reviewed the state of the nation and the progress made in the implementation of the ban on open grazing of cattle in the south of Nigeria.“The meeting expressed satisfaction with the rate at which states in the south of Nigeria are amending or enacting the anti-open grazing law.

“This aligns with the uniform template and aspiration of governors in the south and we encourage the states that have yet to enact the law to do so expeditiously.“The meeting agreed to encourage the full operationalisation of the already agreed regional security which will share intelligence and collaborate toward the safety and security of the region,’’ he said.

Mr Akeredolu said the governors were satisfied with the handling of issues surrounding the Petroleum Industry Act and ownership of the Nigeria National Petroleum Corporation by the larger Nigerian Governors Forum.“The meeting reiterated its earlier position that the next president of Nigeria will come from the south of Nigeria in line with the politics of equity, justice and fairness,’’ he said.

The News Agency of Nigeria (NAN) reports that nine governors and seven deputy governors out of the 17 states in the southern Nigeria attended the meeting.Governors present were Ifeanyi Ugwuanyi of Enugu State, Nyesom Wike of Rivers, Emmanuel Udom of Akwa Ibom, Babajide Sanwo-Olu of Lagos State and Ifeanyi Okowa of Delta. headtopics.com

Jailbreak: Police detonate bomb found at Oyo prison BREAKING: South-West govs meet in Lagos over insecurity, others - Punch Newspapers Anambra: 81,778 newly printed PVCs available for collection – INEC

Others were Govs Rotimi Akeredolu (Ondo State), Adegboyega Oyetola (Osun State), Douye Diri (Bayelsa) and Dapo Abiodun (Ogun State).The deputy governors in attendance were Bisi Egbeyemi (Ekiti State), Rauf Olaniyan (Oyo State), Kelechi Igwe (Ebonyi), Ude Oko-Chukwu (Abia),r Philip Shuaibu (Edo), Ivara Esu (Cross River) and Placid Njoku (Imo).

Anambra State was not represented at the meeting.ADVERTISEMENTNAN also reports that the next meeting of the governors will hold in Rivers in November.The givernors had previously held meetings in Asaba, Delta State and Lagos.At the meetings, they called for ban on open grazing and the shift of presidential power to the south in 2023, among ither issues.

Read more: Premium Times »

Police Brutalise, Sprays Pepper-spray Directly Into Eyes Of Uber Driver At Lekki Tollgate

#EndSARSMemorial: Nigeria Police Brutalise, Sprays Pepper-spray Directly Into Eyes Of Uber Driver At Lekki Tollgate

Southern governors insist states must collect VATNigerian governors from the Southern region on Thursday insisted that their states have the right to collect Value Added Tax (VAT). Good move One voice... It's going to be rough for the next president. Interesting trends and times! firsNigeria how market?

Rivers State govt takes VAT collection battle to Supreme CourtThe Rivers State government wants the Supreme Court to set aside the order of Court of Appeal directing parties to the appeal on VAT collection to maintain status quo. Finally UAE has exposed Dr Isa Pantami as one the sponsorer of terrorists. Check the list released, his real name is: Muhammad Ibrahim Isa ..... Busted!!! Please retweet and repost to save this nation.

VAT and Wike’s winning wedge | The Guardian Nigeria News - Nigeria and World News“In June, Kano generated ₦2.8 billion and was given ₦2.8 billion. Lagos State generated over ₦46 billion but got just over ₦9 billion. Rivers generated ₦15 billion but got ₦4.7 billion. Have you seen injustice in this country?” Nigeria VAT Wike Go wike go Wike!!! Victory is yours abs the people of rivers state. This Govt is a BIG scam to others but not themselves.. The truth of the matter is that, this country would have disintegrated long time ,if the north were in the favorable side of the economic again of the country Complete Injustice

VAT controversy: The need to avoid fiscal anarchy, By Akinyemi AshadeThe current 15 per cent shared by the Federal Government should be surrendered entirely to the pool, since VAT remains a consumption tax.

Why Nigeria’s states will struggle to collect VAT, By Cheta NwanzeADVERTISEMENTThe Federal Inland Revenue Service, on behalf of Nigeria’s federal government, has been locked in a legal tussle with the Rivers and Lagos state governments over the collection of value added tax. In the last few minutes, a VAT collection Bill, similar to the aforementioned two states, has passed second reading in the Ogun State […] Did they say that 'a journey of a thousand miles starts with a faulty step'.😎

VAT war: Political or economic? - Punch NewspapersThe most widely read newspaper in Nigeria Both