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Sanwo-Olu signs VAT bill into law

Lagos governor Babajide Sanwo-Olu has signed into law the state value added tax (VAT) bill.

Information commissioner Gbenga Omotoso, in a statement on Friday, 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 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 reads in part.


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