Northern Governors have rejected the VAT laws enacted by the Lagos and Rivers governors.
Glamtush reports that Northern governors have kicked against the Value Added Tax (VAT) laws enacted by the Rivers and Lagos State governments’ which got the support of other Southern governors.
According to the governors during an emergency meeting in Kaduna state on Monday, their counterparts in the South are confusing VAT for sales tax.
They further explained that if every state is allowed to enact VAT laws, multiple taxations will arise which will lead to an increase in the price of goods and a collapse in interstate trade.
The Northern governors however concluded that the matter is sub judice and they would wait until the Supreme Court pronounces judgement.
On power shift to the South in 2023, the governors noted that some of them are in support of the move for peace and unity reasons, but they condemn the position of some southern governors who insist that power must go to the west.
They explained that there was no provision for such in the Constitution.
The governors also praised the armed forces for the ongoing onslaught against bandits and expressed willingness to work in synergy with the Federal Government to end the spate of insecurity in the Northern region.