Sanwo-Olu signs VAT bill into law

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Factual Pursuit of Truth for Progress

 

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

The governor made this known in a statemet on Friday.

“Earlier today, I signed into law the State VAT Bill as passed by the House of Assembly,” he said.

“This bill, is for a law to charge VAT on certain goods and services.

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

The state lawmakers had passed the bill on Thursday after the assembly held a public hearing on Wednesday.

Sanwo-Olu thus joins his Rivers State counterpart, Nyesom Wike, as governors to have signed the VAT bill into law.

However, the open grazing bill is yet to be approved by the governor.

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