Gov. Wike signs bill authorising Rivers to collect VAT

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The Rivers State Governor of Rivers State, Nyesom Wike, has assented to the bull which authorizes the state government to collect of Value Added Tax (VAT) in the state.

A Federal High Court in Port Harcourt recently ruled that it was unconstitutional for the Federal Inland Revenue Services (FIRS) to collect VAT and personal income tax in Rivers State.

Wike who spoke shortly after signing the bill into law, maintained that the judgment had sufficiently addressed the illegality perpetrated by the FIRS.

“We (Rivers State) are standing on the part of history as representatives of the state to have taken the bull by the horn to challenge the illegality of the Federal Government through the Federal inland Revenue Services (FIRS).

“Of course, we are all aware that the states have already been strangled. Most states depend on allocation from federation accounts.

“States have been turned to beggars, hardly any day will pass that you will not see one state or others going to Abuja to beg for one fund,” Wike said.

Other bills that were signed into law by the governor include the Open Rearing and Grazing Prohibition Law No 5 of 2021; The Child’s Rights Amendment Law No 2 of 2021; The Residents Registration Agency Law No 6 of 2021 and the Naming and Renaming of Infrastructure Law No3 of 2021.

Speaking on the Open Rearing and Grazing Prohibition Law, Wike said that allowing open grazing of cattle would be inimical to development and peace.

The governor added that the law is intended to stem clashes between farmers and herders.

 

 




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