Wike signs VAT and open grazing ban bills into law

Payments on Worth Added Tax (VAT) assortment and Open Grazing Prohibition in Rivers State have been signed into legislation by Governor Nyesom Wike.

The Rivers state Governor in his speech after signing the payments on the Authorities Home, Port Harcourt maintained that the judgment of the Federal Excessive Court docket on VAT has sufficiently addressed the ‘illegality perpetrated by the Federal Inland Income Companies (FIRS) on behalf of the federal authorities within the assortment of tax in states’

Wike accused companies of the federal authorities of illegally demanding and gather taxes meant for states, thereby strangulating states financially and turning them to beggars.

He mentioned;

“However we (Rivers State) are standing on the trail of historical past as representatives of the state to have taken the bull by the horn to problem the illegality of the federal government by way of the Federal inland Income Companies (FIRS)’’