Governor of Lagos State, Sanwo-Olu Signs VAT Bill Into Law

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

The state Commissioner for Information and Strategy, Mr Gbenga Omotoso, in a statement on Friday, 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 11:45 am today, after returning from an official trip to Abuja. By this act, the Bill has now become a Law,” the statement partly reads.

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The governors assent comes newarly 24 hours after the State House of Assembly passed the bill into law.

Details later…