Friday, December 3, 2021

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BREAKING: Sanwo-Olu signs VAT bill into law

The Governor of Lagos State, Babajide Sanwo-Olu, has signed into law the State Value Added Tax (VAT) Bill as passed by the state’s House of Assembly.

This was contained in a statement issued by the State Commissioner for Information and Strategy, Gbenga Omotoso, on Friday.

Omotoso said the Governor signed the “bill for a law to impose and charge VAT on certain goods and services” about 11:45am on Friday, after returning from an official trip to Abuja.

This makes the VAT bill passed by the Lagos State House of Assembly on Thursday now a law.

The house also passed the anti-open grazing bill on Thursday.

More to follow…

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