Lagos Assembly passes VAT bill, Anti-open grazing bill

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The Lagos State House of Assembly has passed the Value Added Tax and Anti-Open Grazing Bill.

Lagos is the second state to pass the bill after Rivers passed the same bill following the decision of a Port Harcourt federal high court stripping the Federal Inland Revenue Service of collecting VAT.

The Speaker Mudashiru Obasa directed the Acting Clerk of the House, Mr Olalekan Onafeko, to transmit a clean copy to Governor Babajide Sanwo-Olu for assent.

The House also passed the bill that prohibits open cattle grazing in the state.

The two bills were passed after unanimous votes by the lawmakers at the sitting where the bills were read the third time.

Immediately after their passage, Speaker Obasa commended his colleagues for their passion to see that the state continues to grow.

“I thank you all for this historic exercise,” Obasa said.

The House had held separate public hearings on the bills on Wednesday, with stakeholders expressing support.