Wednesday, April 24, 2024

South South governors agree to join VAT dispute in Supreme Court

Uba Group

BY AUGUSTINE AVWODE

Governors of South -South states of Nigeria have resolved to join the suit currently before the Supreme Court of Nigeria over collection of Value Added Tax, VAT, between the Federal Inland Service (FIRS) and Rivers State.

The governors declared that they unequivocally supported the idea of collection of VAT by state governments in Nigeria.

In a six point communique read out to journalists by Governor Ifeanyi Okowa of Delta State, who presided over the meeting of the South-South Governors Forum meeting that held at the Government House, Port Harcourt on Monday, he said, “The BRACED Council met on Monday, October 4th, 2021. After an extensive deliberation, the council resolved unequivocally to support the decision for States to collect Value Added Tax, and resolved to join the suit before the Supreme Court.”

The meeting which was also attended by Governors of Rivers State, Nyesom Wike; Emmanuel Udom of Akwa Ibom State; Godwin Obaseki of Edo State and Senator Douye Diri, Governor of Bayelsa State, also approved the South-South regional security architecture which will be launched very soon.

This is predicated on the fact that most of the BRACED Commission states have already established their state security outfits.

“The BRCAED Council called on the president and the Federal Government to uphold the tenets of the law establishing the Niger Delta Development Commission, NDDC, by appropriately constituting its board.

“In addition, the council expressed the hope that the Federal Government will make the forensic audit report on the NDDC public and be courageous enough to deal justly and fairly with the report with the view to strengthening the capacity of NDDC to meet its obligations to the people of the region.”

The Governors also urged President Muhammadu Buhari and the National Assembly to take necessary measures to review some unfair aspects of the recently signed Petroleum Industry Act (PIA) in the spirit of fairness and equity.

“It (Council) urged that the amendment should include clear definition of host community and that the trustees should be appointed by State Governments.

“Council regretted that the President and the Federal Government has generally failed to give reasonable consideration to requests made by the region during the dialogue with the special federal delegation led by Professor Ibrahim Gambari, Chief of staff to the President.

“Notable among the requests were the relocation of the NNPC subsidiaries and IOCs headquarters to the Niger Delta, and a completion of a number of federal projects in the region, notably roads.”

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