FinanceNews

FG Considers Filing Charges Against Rivers and Lagos 

FG Considers Filing Charges Against Rivers and Lagos

The Federal Government of Nigeria says it is considering filing charges against River State and Lagos State at the Supreme Court to resolve the ongoing issue on Valued Added Tax (VAT) collection.

Recall that the Federal Inland Revenue Service (FIRS) and some states in Nigeria are battling over who owns the rights to collects VAT. Information Guide Nigeria

Speaking to News Agency of Nigeria on Wednesday, the Attorney General of the Federation, Abubakar Malami said the Federal Government is considering filing charges so that the matter can be resolved.
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Malami further stated, “But one thing of interest is the fact that the federal government had indeed taken cognisance of the fact that where there exists a dispute between a state and federal government, it is the supreme court that should naturally have the jurisdiction to determine the dispute between the state and the federation”. Jamb Result
The Attorney General said that the Federal government has succeeded in obtaining an order which supports the maintenance of the status quo, stating that the Federal Inland Revenue Service should continue collecting VAT.

 

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Idongesit Akpa-Ayang

Idongesit is a graduate of Communication Arts, University of Uyo. Currently working as a news reporter at InfoGuide Nigeria.

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