Chairman of the Southern Nigeria Governors’ Forum and Ondo
State Governor, Oluwarotimi Akeredolu, has said that the amendments sought by
the Federal Inland Revenue Service, FIRS at the National Assembly on the
controversial Value Added Tax will be killed at the State House of Assemblies.
Governor Akeredolu who said the law does not give power to
the federal government to collect VAT and share it with other states, adding
that the VAT should be under the state.
“That’s the position of the law. The FIRS seeking for
amendment is a confirmation that they don’t have the power. The amendment will
be dead on arrival. Why seek an amendment to a constitution when the provision
is so clear.” Akeredolu explained.
The Governor spoke on ‘Arise TV Sunday Talk Show’ hosted by
Reuben Abati.
The Governor insisted that if the federal government was to
collect VAT for states, it can only get a percentage which the federal
government can decide to share at the FAAC.
“You can only collect VAT on behalf of the states and hand
their money over to them. You can only take a percentage there to help us to
collect the money.”
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