Featured
VAT: Without the north, you’re nothing, Masari blasts Sanwo-Olu, Wike
Katsina Governor Bello Masari has chewed out his Lagos and Rivers colleagues for insisting on raking in their value-added taxes.
According to Masari, both Rivers and Lagos States would not have huge revenues without contributions from other states.
“What is Lagos without the rest of Nigeria? The market Lagos is boasting of is dependent on the larger part of the country,” he told the Daily Trust.
“Benin Republic has a port, Togo has a port; do they have the population to back up the ports? Without us providing the demand part, what will be Lagos?
“VAT serves them and us. We provide the bulk of the market because without the rest of the states, what is Lagos or Port Harcourt?
“Any state that thinks it can survive in isolation is joking. We provide the demand that makes Lagos what it is.”
As the two state Govs Bbajide Sanwo Olu and Nyesom Wike battle the federal government in court, many southern governors have started preparing their revenue collection agencies to join the two pioneers.
The case is now at the Supreme Court.
-
Business1 week agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business1 week agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Business6 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Football5 days agoMessi calls Lamine Yamal World Cup final clash ‘Crazy’ after viral baby photo resurfaces
-
Business1 week agoCBN launches real-time FX tracker for BDCs, tightens oversight of FX market
-
Business7 days agoFood prices now biggest threat to inflation, beyond CBN’s reach – Analysts
-
Football1 week agoNigerians blast Super Eagles over France World Cup defeat post
-
Business1 week agoZenith Bank leads brokers’ buy ratings as analysts turn bullish on banking stocks


