The Lagos State House of Assembly on has passed the State’s Value Added Tax (VAT) Bill. A copy of which will be given to Governor Babajide Sanwo-Olu for signing into law.
In the same development 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 they were read for the third time.
The Speaker of the state House, Mudashiru Obasa, therefore, directed the Acting Clerk, Mr Olalekan Onafeko to send the copy to Governor Sanwo-Olu for further action.
Obasa praised his colleagues for their efforts in ensuring that the state continues to grow.
“I thank you all for this historic exercise,” Obasa said.
Lagoa now becomes the second state after Rivers to sign for state collection of VAT.