Home Court & Crime VAT Collection Row: Sanwo-Olu Signs Bill Into Law

VAT Collection Row: Sanwo-Olu Signs Bill Into Law


Fresh from Governor of the Year Award he received from Leadership newspaper on Thursday in Abuja, Governor Babajide Sanwo-Olu returned to Lagos on Friday morning and quickly signed into law the state VAT Bill.

The bill was passed on Wednesday by the state House of Assembly.

According to a statement issued by the Commissioner for Information, Mr. Gbenga Omotoso, the Governor signed the “bill for a law to impose and charge Value Added Tax on certain goods and services” at about 11. 45 am.

“By this act, the Bill has now become a Law.”

The controversy over the collection of VAT was sparked when a Rivers State High Court ordered that only the state was empowered by the constitution to collect VAT in the state as opposed to the Federal Inland Revenue Service.


Like and Share this:


Please enter your comment!
Please enter your name here