Categories: News

BREAKING: Appeal Court Stops Rivers, Lagos From Collecting VAT(See Why)

Appeal Court has stopped Rivers and Lagos State Governments from collecting VAT.

 

 

 

The Court of Appeal in Abuja has halted the Rivers State government from collecting Value Added Taxes VAT until all legal disputes relating to the matter are resolved.

News Rain Nigeria gathered that the court ordered that the judgment of the state high court from which the state drew authorities to collect the tax be implemented.

Justice Haruna Simon Tsanami who issued the order in Abuja on Friday also directed that the law passed by Rivers State House of Assembly and assented to by Governor Nyesom Ezenwo Wike must not be implemented.

 

BREAKING: Appeal Court Stops Rivers, Lagos From Collecting VAT(See Why)

 

The appellate court held that since parties have submitted themselves to the authorities of the court for adjudication of the matter, they must not do anything that will destroy the subject matter of the appeal.

In specific terms, Justice Tsanami granted status quo ante in favour of the Federal Inland Revenue Services FIRS and against the respondents.

The matter has been slated for September 16 for a hearing of the motion for joinder by Lagos State.

FIRS, in an appeal marked CA/PH/282/2021, is praying the court to set aside the judgment of a Rivers State High Court which granted powers to the state to collect Value Added Tax, VAT.

The tax collection agency is also asking the appellate court to stay the execution of Rivers’ judgment.

Details later…

newsrainng

Recent Posts

Commissioner For Education Announces 12-Day School Holiday For Eid-el-Kabir

The Kano State Government has announced the Eid-el-Kabir holiday for all primary and secondary schools…

6 hours ago

VIDEO: PWAN Co-Founder Addresses Concerns Over Delayed Land Allocations, Reaffirms Commitment To Clients

Dr. Austin Onwumere, Co-Founder and Chairman of PWAN Group, has publicly addressed recent concerns surrounding…

7 hours ago

Innovation Without Excavation: JMG Enables Full Accessibility At J.K. Randle Centre For Yoruba Culture And History

JMG Limited, Nigeria’s trusted partner in integrated power and mobility solutions, has completed a bespoke…

7 hours ago

Rite Foods Donates Educational Materials To 2,000 Pupils In Lagos, Ogun, Abuja

As part of its Corporate Social Responsibility (CSR) initiative and in celebration of Children’s Day,…

8 hours ago

Unity Bank, AfriGo Explore Collaboration to Deepen Access to Electronic Payments

Unity Bank Plc has reaffirmed its commitment to advancing electronic payment adoption and financial inclusion…

8 hours ago

Fitch Upgrades Fidelity Bank’s National Rating To ‘A+(nga)’, Affirms Long-Term IDR At ‘B’

Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating…

8 hours ago