Showdown as 8 states tackle FG on VAT

The dispute between the Federal Inland Revenue Service and some states over the collection of Value Added Tax (VAT) seems to be taking a new turn by the day as two more states, Ogun and Akwa Ibom, are ready to enact laws that will enable them to collect the tax in their states.

Some other states such as Edo, Ondo, Oyo and Taraba said they are still studying the ruling of the Federal High Court in Port Harcourt on the matter, while Delta State claimed that consultation ongoing before it will take a position on the issue.

This is coming after the ruling by the Court of Appeal sitting in Abuja on Friday that Rivers and Lagos states, which already enacted laws to collect VAT in their states, should stay action on the matter pending the determination of the appeal for stay of execution filed before it by the F-I-R-S.