Business is booming.

Gov Sanwo-Olu signs VAT bill into law

By Nneka Nwogwugwu

Lagos state Governor, Babajide Sanwo-Olu, has signed the State Value Added Tax (VAT) Bill into law.

Sanwo-Olu signed the Bill after returning from an official trip to Abuja on Friday, the Nation reported.

The bill for a law to impose and charge VAT on certain goods and services.”

The House of Assembly yesterday sent a copy of the bill for Governor Sanwo-Olu’s assent after passing the bill.

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