VAT

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Fallouts of the VAT brouhaha

Fallouts of the VAT brouhaha

By Sunny Ikhioya IT is clear that no matter how court cases pan out in relation to VAT and others like stamp duties, our federation will never be the same again. We run a Federal Government consisting of independent states; that is, if we are to follow provisions in our Constitution. But, all these while, […]

VAT and fiscal federalism

VAT and fiscal federalism

WE expect a major round of legal fireworks to commence very soon over the ruling of a Federal High Court in Port Harcourt last Monday voiding the powers of the Federal Government to collect the Value Added Tax, VAT, in Rivers State and by extension other states. The ruling, therefore, transferred the VAT collection right […]

Southern governors back states’ collection of VAT

Southern governors back states’ collection of VAT

The 17 southern states’ governors rose from a meeting in Enugu State on Thursday with a decision to back states’ collection of Value Added Tax, VAT, and reiterated its position that the next President of the country should come from the South, among other decisions.