Governor Sanwo-Olu signs VAT bill into law

Governor Sanwo-Olu signs VAT bill into law

Lagos Governor Babajide Sanwo-Olu has signed the State Value Added Tax (VAT) bill into law.

Governor Sanwo-Olu signs VAT bill into law

The state House of Assembly on Thursday, September 9, passed the bill and sent a copy to the state governor for assent.

The Governor signed the bill at about 11.45 am today shortly after returning from his trip to Abuja.

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The law empowers the state government to impose and charge VAT on certain goods and services.