Governor Babajide Sanwo-Olu of Lagos State has signed into law the State Value Added Tax, VAT Bill.
The Governor, signed the “bill for a law to impose and charge VAT on certain goods and services” at about 11. 45am, at Lagos House, Alausa, Ikeja, on Friday, shortly after returning from an official trip to Abuja.
By this act, the Bill has now become a Law. Recall that on Thursday, September, 9th, 2021, members of the Lagos State House of Assembly, passed the VAT Bill, 2021 to Mr. Governor for assent into law.