The Lagos State Governor Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly.
The Governor signed the “bill for a law to impose and charge VAT on certain goods and services” at about 11. 45 am today, after returning from an official trip to Abuja.
By this act, the Bill has now become a Law which has been followed by an Appeal court order restraining both Lagos and Rivers States from collecting VAT as it ruled that status quo be maintained following an appeal file by the Federal Inland Revenue Service (FIRS)
This
