Categories: Nigeria News

Gov Sanwo-Olu Signs VAT bill into law

Lagos State Governor, Babajide Sanwo-Olu, has signed into law a bill empowering the state government to collect Value Added Tax (VAT).

The Commissioner of Information and Strategy in Lagos, Gbenga Omotoso, disclosed this in a statement on Friday.

“The governor signed the ‘bill for a law to impose and charge VAT on certain goods and services’ at about 11:45am today, after returning from an official trip to Abuja.

“By this act, the bill has now become a law,” said Omotoso.

This comes a day after members of the Lagos State House of Assembly passed the VAT bill and another that prohibits the open grazing of cattle in the state.

Both bills were passed after unanimous votes by the lawmakers during a plenary after they were read for the third time.

Idoko Dennis

Idoko Dennis is a creative videographer/drone pilot and sport writer. He heads the sport desk and deputizes the head of Idoma TV

Recent Posts

BREAKING: Tinubu govt bows to pressure, drops treason charges against EndBadGovernance protesters

The Federal High Court in Abuja dismissed the case against individuals charged in connection with…

3 hours ago

Benue: ‘I’m not behind Ukpute-Bonta crisis’ – Rep David Ogewu

The member representing Oju/Obi Federal Constituency and Deputy Chairman of the House Committee on Army,…

3 hours ago

Tension as new terrorist group ‘LAKURAWAS’ emerges in Nigeria

The Sokoto State Government has raised alarms about the emergence of a new terrorist group…

4 hours ago

Ujah: Ministry of Education breaks silence on suspension of FUHSO VC, issues fresh order

The Federal Ministry of Education has formally addressed the suspension of Prof. Innocent A.O. Ujah…

4 hours ago

‘Herdsmen after our women’ – Idoma community raises alarm

Residents of Ukwonyo community in the Ufia axis of Ado Local Government Area, Benue State,…

5 hours ago

FUHSO: Why we suspended Prof Ujah as Otukpo varsity Vice Chancellor – Governing Council

The Governing Council of the Federal University of Health Sciences, Otukpo, has explained why it…

5 hours ago