Tag: VAT

South South Governors agree to join VAT Supreme Court suit
South South Governors agree to join VAT Supreme Court suit

All the states in the South-South Geopolitical Zone have agreed to join the legal battle over the collection of Value Added Tax. The VAT, which started between Rivers State and the Federal Inland Revenue Service, already has the Lagos State government involved. The South-South Governors’ Forum took the decision at its meeting at the Rivers State Government…

VAT battle between Rivers State and FIRS moves to Supreme Court
VAT battle between Rivers State and FIRS moves to Supreme Court

The legal battle between Rivers State and the Federal Inland Revenue Service over the collection of Value Added Tax have moved to the Supreme Court in Abuja. The Rivers State government wants the Supreme Court to overturn the ruling of the Abuja Division of the Court of Appeal, which ordered parties to return to the way things…

V.A.T bill passes second reading in Ogun State Assembly
V.A.T bill passes second reading in Ogun State Assembly

A bill for a law on the collection of Value Added Tax has passed second reading in Ogun State House of Assembly. The Clerk of the Assembly, Deji Adeyemo read the bill for the first-time during plenary in Abeokuta while the Majority Leader, Yusuf Sherif, moved the motion for the second reading. Chairman of the House Committee…

Vat War: Presidency cautions states, as Lagos lawmaker defends new law
Vat War: Presidency cautions states, as Lagos lawmaker defends new law

The Presidency has faulted the approach being adopted by Governor Nyesom Wike of Rivers State in the disagreement over the collection of Value Added Tax. Senior Special Assistant to the President on Public Affairs, Ajuri Ngelale, who is also from Rivers State, says Governor Wike is being aggressive and looking at the matter from a tribal point…

Governor Wike threatens to take over FIRS office in Rivers State

Governor Nyesom Wike has threatened to take over all offices of the Federal Inland Revenue Service in Rivers State. The governor spoke at a stakeholders’ meeting in Port Harcourt, the state capital, while addressing business owners in the state. Governor Wike told oil firms, construction companies and other business owners operating in the state to start remitting…

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