Lagos Tops As States Half Year IGR Reaches N849.12bn   The 36 states of the federation and Federal Capital Territory recorded a combined Internationally Generated Revenue in the first half of 2021, figures obtained from the National Bureau of Statistics revealed on Monday. The NBS Internally Generated...

Northern Governors Reject VAT Laws Enacted By Lagos, Rivers States       Northern Governors Forum on Monday kicked against the Value Added Tax laws enacted by the governors of Rivers and Lagos State governors which got the support of other Southern state governors. The Forum in an emergency...

Lagos Preparing For VAT Collection - LIRS             The Lagos State Inland Revenue Service has said it is ready for Value Added Tax collection. It disclosed this in an answer to a question raised during the LCCI’s ‘SMEGroup Workshop on Assisting MSMEs with Regulatory Compliance’ that held...

Sanwo-Olu Signs VAT Bill Into Law     Lagos State Governor Babajide Sanwo-Olu on Friday signed into law the State VAT Bill. The state commissioner for information and strategy Gbenga Omotosho in a statement said the governor signed the “bill for a law to impose and charge VAT...

Lagos NURTW Generates N123bn Yearly – Report     The Lagos chapter of the National Union of Road Transport Workers, locally called agberos, generates about N123.08bn annually which could service the annual budget of Nasarawa, Niger, and Yobe states put together, a statistical report by the International...

Lagos State Govt Spends N20bn On Rice Mill       The lagos State Commissioner for Agriculture, Ms Bisola Olusanya, has on Thursday said about N20 billion has been spent on Imota Rice Mill in Ikorodu, which is at 85 per cent completion level. She also said 250,000 jobs...