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Sanwo-Olu Signs VAT Bill Into Law

Lagos State Governor, Babajide Sanwo-Olu, has signed VAT bill into law.

Gatekeepers News reports that Governor Babajide Sanwo-Olu of Lagos State, South-West Nigeria, has signed into law the State Value Added Tax (VAT) Bill as passed by the state’s House of Assembly.

This was confirmed in a statement by Commisioner for information & Strategy, Gbenga Omotoso.

Omotoso said the governor signed the bill after returning from an official trip.

“The Governor signed the bill for a law to impose and charge VAT on certain goods and services at about 11. 45am today [Friday], after returning from an official trip to Abuja. By this act, the Bill has now become a Law,” the statement read in part.

This is a developing story.

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