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Home Forums Politics Lagos and Rivers state fight for VAT rights: Right or Wrong decision?

last updated by Tolu 1 month, 1 week ago
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  • Creator
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  • #21077
    Okey_14_boi
    Moderator

    Lagos and Rivers state fight for VAT rights: Right or Wrong decision?

    Lagos and Rivers state fight for VAT rights: Right or Wrong decision?
    Lagos and Rivers state fight for VAT rights: Right or Wrong decision?

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    The state governments of Lagos and Rivers are dragging the federal government over VAT. This stalemate might have far-reaching financial consequences for the remaining 34 states.

    Value Added Tax (VAT) is perhaps Nigeria’s biggest money generator or source of federal government revenue, second only to crude oil.

    The Rivers State government, led by Governor Nyesom Wike, has been fighting the federal government in court over who should collect taxes in the state.

    The federal government is naturally concerned about the events in Rivers and Lagos, because these two states are among Nigeria’s wealthiest, contributing the most in terms of GDP and internally generated money (IGR).

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    okey_14_boi

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    • #21155
      Seyibabs8
      Moderator

      right

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    • #21172
      John Adeleke
      Participant

      they are totally right, if those idiots in the north think they can make stupid decisions and still eat where did not sow, then they must live with their foolishness… foolish bastards

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    • #21174
      Chichi
      Participant

      the first time Sanwo Olu has ever made any decision that i am in line with, i support him and Wike on this 100%

      Share
    • #21192
      Tolu
      Participant

      Right.. they are entitled to it

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