- The Southern Governors Forum has expressed support for state governments to collect the Value Added Tax
- The governors made their positions known at the end of their meeting on Thursday, September 16, in Enugu state
- Amid the controversies, the southern governors declared that is within their purview to collect the VAT
Enugu - Governors under the aegis of the Southern Governors Forum (SGF) on Thursday, September 16, backed the the collection of Value Added Tax (VAT) by state governments.
In another repot by The Punch, Akeredolu said the governors resolved and affirmed that the collection of VAT fell within the powers of state governments.
Do you have a groundbreaking story you would like us to publish? Please reach us through firstname.lastname@example.org!
“We resolved to support the position that the collection of VAT falls within the powers of the state. The meeting reaffirmed its earlier commitments to fiscal federalism and emphasised the need to pursue its inclusion in the Nigerian Constitution through the on-going constitutional amendment.’’
Southern governors in crucial meeting in Enugu
The 17 southern governors gathered to discuss pressing national issues, the release of Nnamdi Kanu, and ban on open grazing.
While there is no officially published agenda for the meeting, the governors were also expected to deliberate on the ongoing Value Added Tax (VAT) battle between states and the Federal Inland Revenue Service (FIRS) and security issues.
Presidency reveals President Buhari’s final decision on VAT controversy
Meanwhile, the Nigerian presidency said that President Muhammadu Buhari will respect the final verdict on the issue of VAT as decided by the Supreme Court.
Presidential spokesman, Femi Adesina, made the disclosure while speaking during an interview on Arise TV.
Adesina noted that though the case may drag up to the Supreme Court, the Nigerian leader would respect the rule of law.
The president's aide sharing his opinion said that the issue of VAT is good because there have been talks about restructuring and fiscal federalism in Nigeria.