Business
VAT dispute: Appeal Court grants Lagos request
Lagos state has gotten the approval to be made a respondent in the appeal filed by the Federal Inland Revenue Service in the ongoing Value Added Tax (VAT) dispute between some states and the federal government.
In a ruling by Justice Haruna Simon Tsanami of the Court of Appeal in Abuja on Thursday, Lagos state application was granted.
The appeal by the FIRS is against the August 9, 2021 judgment by Justice Steven Pam of the Federal High Court in Port-Harcourt, voiding the Value Added Tax (VAT) Act and holding the states could collect VAT.
READ ALSO: ICAN seeks amicable resolution of VAT collection dispute
Justice Haruna Simon Tsanami in a ruling on Thursday, held that Lagos has effectively shown that it has sufficient interest to protect by being made a party in the case.
The court rejected the objections by the FIRS and the Attorney General of the Federation (AGF) and proceeded to join the Attorney General of Lagos State as the third respondent.
It ordered that all processes so far filed in the case be served on the AG of Lagos and that further proceedings in the case will continue at the Port-Harcourt division of the Court of Appeal on October 7.
-
Latest5 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business1 week agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Business3 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business3 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business5 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Business7 days agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Featured2 days agoPeter Obi, Makinde and the 2027 elections: Can unity really challenge APC?
-
Business1 week agoNaira breaks below N1,330/$, hits strongest level in over two years


