Sanwo-Olu signs VAT bill into law

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Lagos State Governor, Babajide Sanwo-Olu, has signed VAT bill into law.

This was consequent upon its passage by the State House of Assembly on Thursday.

Commisioner for information and Strategy, Gbenga Omotoso, confirmed this in a statement on Friday.

Omotoso said the governor signed the bill after returning from an official trip.

“The Governor signed the bill for a law to impose and charge VAT on certain goods and services about 11. 45 am today [Friday], after returning from an official trip to Abuja. By this act, the Bill has now become a Law,” the statement read in part.

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