New law criminalises open cattle grazing in Lagos
It is now a criminal offence to openly graze cattle in Lagos, Nigeria’s commercial hub and arguably, most populous city.
This follows the signing into law of the bill prohibiting Open…
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COVID-19: Sanwo-Olu charges world leaders on vaccine equity
Lagos State governor, Babajide Sanwo-Olu, has called on world leaders and the advanced economies to prioritise COVID-19 equity across the world.
Sanwo-Olu, spoke at the 2021 Global…
VAT: Nigeria’s private sector seeks clarification ahead Sept 21 deadline
Nigeria’s organised private sector (OPS) is seeking further clarification from the government on the tax authority to remit their August’s value-added tax (VAT) which falls due September 21.…
Apapa gridlock: Lagos denies involvement in extortion spree
Lagos State has met truckers unions to address reports and allegations that the state traffic management enforcement team charged with the responsibility of solving the gridlock problems in…
Lagos, FMDQ sign MoU for N25bn to tackle climate change
The Lagos State government on Tuesday signed a memorandum of understanding (MoU) with FMDQ Group and Financial Sector Deepening Africa to raise bond for the Lagos Green Bond Market…
Fitch upgrades Lagos ratings to AAA
Fitch Ratings, an international rating agency, in its recent publication outlining the standing of the states has upgraded Lagos State ratings from AA+ (nga) to AAA (nga) for good standing…
Sanwo-olu launches Lagos SDGS youth alliance
Lagos State governor, Babajide Sanwo-Olu, on Friday, launched Lagos Sustainable Development Goals (SDGs) Youth Alliance, setting a new pace that will enable the state government accelerate…
States, FIRS’ claim to VAT deepens
With the judgment delivered in favour of Rivers State by Justice Stephen Pam of a Federal High Court in Port Harcourt, on August 10, the stage was set for what would become long-drawn…
VAT collection gets legal backing in Lagos as Sanwo-Olu signs law
Value Added Tax (VAT) collection in Lagos, Nigeria’s economic capital, is now legal, as Governor Babajide Sanwo-Olu has signed the VAT bill passed by the Lagos State House Assembly, into…
States lack mechanism to administer VAT – FIRS declares
The raging battle over Value Added Tax (VAT) in Africa’s biggest economy continued on Wednesday with the Federal Inland Revenue Service (FIRS) declaring that the 36 federating states lack…