Governor Sanwo-Olu signs VAT bill into law
The State Value Added Tax (VAT) bill was signed into law by Lagos Governor
The bill was passed by the state House of Assembly on Thursday, September 9, and a copy was forwarded to the governor for his signature.
After returning from his journey to Abuja, the Governor signed the bill about 11.45 a.m. today.
The statute gives the state government the authority to levy and collect VAT on specific products and services.