The Lagos State House of Assembly has passed the Value Added Tax (VAT) bill, a few days after the bill passed the first and second readings at the State House of Assembly.
The House also passed a bill prohibiting the open grazing of cattle in the state after unanimous votes by the lawmakers at a sitting where the 2 bills were read for the third time during the plenary session on Thursday, September 9, 2021.
Following the passage of the 2 bills, the Speaker of the House, Mudashiru Obasa, commended his colleagues for their passion to see that the state continues to grow and also directed the Acting Clerk of the House, Mr Olalekan Onafeko, to transmit clean copies of the bills to the state governor, Babajide Sanwo-Olu, for assent.
VAT only works at a national level, VAT cannot work at sub national level- FIRS
VAT collection can only work at national level, not state level – FIRS
SEPTEMBER 9, 2021
Obasa, while addressing lawmakers at the legislative chamber of the assembly in Alausa Ikeja, thanked them for the historic exercise.
The passage of the controversial bill comes a day after the lawmakers held separate public hearings on the bills with stakeholders showing their support for them.