Yesterday, 4th October 2019, Honourable Justice Aikawa delivered judgment in suit number: FHC/L/CS/360/2018 between Registered Trustees of Hotel Owners and Managers Association of Lagos v. LIRS and 2 Others in which the court upheld the power of Lagos State to legislate on consumption tax. The court further restrained FIRS from imposing value added tax on goods and services consumed in hotels, restaurants and event centres in Lagos State.

More details to follow …

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