The Lagos State House of Assembly has passed the Value Added Tax (VAT) bill, which Speaker Mudashiru Obasa described as “historic.”
It was a unanimous vote on the floor of the legislature.
House Clerk, Olalekan Onafeko, has been directed to transmit a clean copy of the bill to Governor Babajide Sanwo-Olu for assent.
“I thank you all for this historic exercise,” says Obasa.
The Lagos legislature has also passed a bill that prohibits the open grazing of cattle in the metropolis.
The bill proposes a 21-year jail term for herders in possession of firearms and the establishment of a task force to curb open grazing of cattle in a city famed for its gridlock and bedlam.
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The VAT legislation has been contentious, but button one lately, with state governments in Nigeria’s southern region bickering with the federal government and pushing for the responsibility to collect consumption tax within their jurisdictions.
