by Mary Ugbodaga The Lagos Chamber of Commerce and Industry (LCCI) has called for a review of the current sharing arrangements of value-added tax (VAT) collection to states and local government councils. This was announced in a statement by Chinyere […]
VAT
by Wasilat Azeez Peter Obi, former governor of Anambra state has advised state governments to improve their revenue generation capacity. The Federal Inland Revenue Service (FIRS) and some state governments are currently embroiled in a legal tussle over VAT collection. Rivers and Lagos […]
By Bolaji Ogundele, Abuja Special Adviser to the President on Media and Publicity, Femi Adesina, on Sunday said President Buhari will abide by whatever final verdict the judiciary passes on the ongoing Value Added Tax (VAT) legal tussle. Adesina, who […]
ELFREDAH KEVIN-ALERECHI Rivers Governor Nyesom Wike on Friday inaugurated the state’s Tax Appeal Commission shortly after the Abuja Division of the Court of Appeal ordered maintenance of status quo in the collection of value added tax by state governments. The […]
By Gbenga Salau , Ann Godwin , Ameh Ochojila and Joseph Wantu Sanwo-Olu. Photo/facebook/jidesanwooluofficial• Appeal Court Orders Stay Of Execution• Sanwo-Olu Signs VAT Bill, Applies To Be Joined In Suit• Wike Inaugurates Rivers Tax Appeal Commission• Ortom Backs Lagos, Rivers The […]
By Ameh ochojila The Court of Appeal in Abuja has temporarily halted the Rivers State government from collecting Value Added Taxes VAT until all legal disputes relating to the matter are resolved. The court ordered that the judgment of the State […]
By Agency Report Lagos State Governor Babajide Sanwo-Olu on Friday signed into law the State VAT Bill as passed by the House of Assembly. The state commissioner for information and strategy Gbenga Omotosho in a statement said the governor signed the […]
The Governor of Ekiti State, Ayodele Fayose, has said advised the Federal Government against increasing value added tax (VAT) from 5 percent to 10 percent. “Any increment in VAT or any other tax being paid by Nigerians at this time […]