Lagos Law Wrests Tax Control From Nigeria Federal Government
- Nigeria’s wealthiest state is planning to collect its own VAT
- Federal government opposes states’ bids for tax powers
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Nigeria’s wealthiest state passed legislation enabling it to collect value-added tax, further challenging the central government’s control of a key source of revenue.
Lagos governor Babajide Sanwo-Olu signed the bill into law on Friday, Information Commissioner Gbenga Omotoso said in a written statement. The state’s House of Assembly voted for the legislation on Thursday.