The Lagos State House of Assembly has passed the state’s Value Added Tax (VAT) bill.
The Speaker of the State House of Assembly, Mudashiru Obasa on Thursday, September 9; after the passage of the bill, directed the Acting Clerk of the House, Mr. Olalekan Onafeko; to transmit a clean copy to the state governor, Babajide Sanwo-Olu for assent.
This passage by the Lagos Assembly is in line with the resolution earlier reached by Southern Governors.
The two bills received unanimous votes by the lawmakers at the sitting.
“I thank you all for this historic exercise,” Obasa told his colleagues after the passage of the bill.
Lagos had said it would go ahead with the VAT bill; which passed the second reading in the state House of Assembly on Monday.
Governor Nyesom Wike of Rivers State on Thursday signed into law the bill on Value Added Tax (VAT) collection in the state.
Wike signed the bill which was recently passed by the state House of Assembly at the Government House, Port Harcourt.
He also said the judgment of the Federal High Court sitting in Port Harcourt had sufficiently addressed the illegality perpetrated by the Federal Inland Revenue Service (FIRS).
Meanwhile, President Muhammadu Buhari on Thursday, September 9, inaugurated four key projects in Imo; and also assured the people of more Federal Government’s presence in the state.
Addressing the people on the occasion in Owerri, Buhari said he was likewise delighted; to see the projects executed by Gov. Hope Uzodinma within a short time.
He said: “Seeing is believing. I received an invitation; to come and see what the governor wanted me to see.
“I have seen it now, justified by his integrity in making sure he is working very hard; to get things that are necessary for the good life of the people of the state.
“I’m really impressed with what he has done.”