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Sanwo-Olu signs Lagos VAT bill into law

R-L: Lagos governor, Babajide Sanwo-Olu and Speaker of the Lagos House of Assembly, Mudashiru Obasa
The Lagos State Governor, Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly.

According to a statement by the Mr Gbenga Omotoso, the state commissioner for Information & Strategy, Sanwo-Olu signed the “bill for a law to impose and charge VAT on certain goods and services” at about 11.45am today, after returning from an official trip to Abuja .
By this act, the Bill has now become a Law, the statement said.