Following the footstep of Rivers State, Lagos State House of Assembly, Thursday, passed Value Added Tax, VAT bill, into law.
Before passage of VAT, the News Agency of Nigeria (NAN) had reported that the title of the bill is “A Bill for a Law to impose and charge Value Added Tax (VAT) on certain foods and services, provided for the administration of the tax and for related matters.”
In compliance with the Southern governors’ directive for the states to ban open grazing, Lagos also passed the bill that prohibits open cattle grazing in the state.
The two bills have been sent to Governor Babajide Sanwo-Olu for assent.
The Speaker of the state House, Mudashiru Obasa, therefore, directed the Acting Clerk, Mr Olalekan Onafeko to send the copy to Governor Sanwo-Olu for further action.
The two bills were passed after unanimous votes by the lawmakers at the sitting where they were read for the third time.
After their passage, Obasa commended his colleagues for their passion to see that the state continues to grow.
“I Thank you all for this historic exercise,” Obasa said.