September 10, 2021

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.