VAT: Be your brother’s keeper- Gombe Pleads
As reported by SAHELIAN TIMES, Gombe State Government have pleaded with the Governments of Lagos and Rivers concerning on the issue of Value Added Tax (VAT). Information Guide Nigeria
SAHELIAN TIMES reports that the Commissioner of Finance and Economic Development Gombe State, Muhammad Magaji, pleaded with Rivers and Lagos to be their brothers’ keeper by contributing to the centre stressing that the issue will not only affect Gombe state but will affect other states in Nigeria.
The Commissioner emphasized that sentiments should be put aside “ by being our brothers’ keepers and ensuring that what is pull together at the centre is distributed to be able to balance resources across the country“. Jamb Results
He further stated that since oil-producing states collect only 13 per cent derivation, if other state collect whatever resources or percentage that is their, then the federation called Nigeria will face what he described as “dangerous trajectory“.
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Recall that Rivers State Governor, Nyesom Wike, had signed a bill on VAT in line with the Judgement by a Federal Court in Port Harcourt restraining the Federal Internal Revenue Service (FIRS) from collecting VAT in the state.
SAHELIAN TIMES reports that the Lagos State Government also passed a VAT bill instructing the FIRS to stop collecting VAT in the state.
According to SAHELIAN TIMES, this is in reaction to the FIRS insisting that they have the right to collect VAT until the supreme court or court of appeal issues a final verdict on the issue.
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