Wike Blows Hot, Says Rivers VAT is Not For FG

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Rivers State Governor, Nyesom Wike, on Wednesday, did not mince words as he maintains his stance on going to curb the Federal Government from collecting Value Added Tax from the oil-rich South-South state.

Rivers State Governor Nyesom Wike
Nyesom Wike, Rivers State Governor

Wike insisted that Rivers money is not meant for “Abuja people” but for the development of Rivers state.

The governor spoke at a stakeholders’ meeting in Port Harcourt, the state capital, while addressing Shell Petroleum Development Company and other representatives of oil companies and business owners in the state.

The Federal High Court sitting in Port Harcourt last month in a suit marked FHC/PH/CS/149/2020 ruled that the Rivers State Government had the powers to collect VAT within its territory.

The Federal Inland Revenue Service, on Monday, prayed the court to stay execution on the judgment.

But the presiding judge, Justice Stephem Pam, rejected the application, saying granting it would negate the principle of equity.

On Monday, the Lagos State Government toed the path of Rivers State as a bill to empower it to collect VAT scaled second reading in the state House of Assembly.

Speaking at the stakeholders’ meeting on Wednesday televised live on Channels TV and two other stations, Wike lamented about the injustice in the country saying Rivers generated N15bn in June 2021 but got N4.7bn while “Kano produced N2.8bn in June but Kano also got N2.8bn. Sometimes you don’t want to believe these things exist”.

The governor said he cannot continue to beg the Federal Government for what belongs to his state.

“People say that let heaven not fall but sometimes I believe that heaven should come down so that everybody will rest…When we do the right thing, heaven is at peace. So, the right thing must be done at all times,” he said.

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