JUST IN: Governor Sanwo-Olu Signs VAT Bill Into Law

JUST IN: Governor Sanwo-Olu Signs VAT Bill Into Law

Leshi Adebayo

 

 

Lagos State Governor, Babajide Sanwo-Olu, has signed the State Value Added Tax Bill into law.

Recall that the Lagos State House of Assembly, led by the Speaker, Hon. Mudashiru Obasa had passed bill earlier during the week.

The State Commissioner for Information and Strategy, Gbenga Omotosho, in a statement, said the Governor signed the “bill for a law to impose and charge VAT on certain goods and services. By this act, the Bill has now become a law.”

According to the statement, the bill was signed by the Governor around 11.45am on Friday, after returning from an official trip to Abuja.

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