The struggle for VAT collection has been condemned by some states in the country, as the southern regional governors of the Nigerian States has on Thursday, insisted that their States have the right to collect Value Added Tax (VAT). This declaration of the southern governors was jotted during their third meeting held in Enugu State.
Photo credit: Wikipedia
The meeting was in continuation of the earlier meeting held in Asaba, Delta State capital and Alausa of Lagos State, where the Governors agreed to place ban on open grazing in order to curb the unending farmer/herders crisis, restructuring of the country and call for state security.
Photo credit: Channels Television
Going straight to the point of view on why the southern governors insisted on collecting VAT, according to the statement made by the Governors during their meeting, it was gathered that the collection of Value Added Tax (VAT) by the northern state governments would go a long way in boosting their economic growth and development. Unlike the Federal Inland Revenue Service (FIRS), which has the responsibility of collecting VAT which goes into the coffers of the federal government, Value Added Tax (VAT) would be beneficial to the interim state government.
Photo credit: Vanguard
The southern states Governors also agreed that the contentious collection of VAT should be done by the state government, insisting that the state governments have the powers to collect Value the VAT.
Chairman of the forum and governor of Ondo State, Chief Rotimi Akeredolu read the communique from the meeting.
Photo credit: Vanguard
What are your thoughts concerning this article? You can use the comments section to express your concern towards this article.
Please share this article with friends and well-wishers, you can also follow up this page for more related publications on Political activities in Nigeria and across the globe.
Please give this article a like. Thanks for reading
Content created and supplied by: Travel (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More