{"id":85751,"date":"2021-09-09T10:04:05","date_gmt":"2021-09-09T09:04:05","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=85751"},"modified":"2021-09-09T10:04:05","modified_gmt":"2021-09-09T09:04:05","slug":"rivers-vat-not-for-abuja-people-i-dont-care-if-heaven-falls-wike-warns-oil-companies","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/rivers-vat-not-for-abuja-people-i-dont-care-if-heaven-falls-wike-warns-oil-companies\/","title":{"rendered":"Rivers VAT not for Abuja people, I don\u2019t care if heaven falls, Wike warns oil companies"},"content":{"rendered":"<div dir=\"auto\">Rivers State Governor, Nyesom Wike, on Wednesday, insisted on going on with his move to stop the Federal Government from collecting Value Added Tax from the oil-rich South-South state.<\/p>\n<p>Wike, who said he does not care if heaven falls, insisted that Rivers money is not meant for \u201cAbuja people\u201d but for the development of his state.<\/p>\n<p>The governor spoke at a stakeholders\u2019 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.<\/p>\n<p>Pointblanknews.com had earlier reported that the Federal High Court sitting in Port Harcourt in its judgment last month in a suit marked FHC\/PH\/CS\/149\/2020 held that the Rivers State Government had the powers to collect VAT within its territory.<\/p>\n<p>The Federal Inland Revenue Service, on Monday, prayed the court to stay execution on the judgment.<\/p>\n<p>But the presiding judge, Justice Stephem Pam, rejected the application, saying granting it would negate the principle of equity.<\/p>\n<p>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.<\/p>\n<p>VAT is a consumption tax paid when goods are purchased and services are rendered. It is charged at a rate of 7.5 per cent.<\/p>\n<p>Speaking at the stakeholders\u2019 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 \u201cKano produced N2.8bn in June but Kano also got N2.8bn. Sometimes you don\u2019t want to believe these things exist\u201d.<\/p>\n<p>The governor said he cannot continue to beg the Federal Government for what belongs to his state.<\/p>\n<p>\u201cPeople say that let heaven not fall but sometimes I believe that heaven should come down so that everybody will rest\u2026When we do the right thing, heaven is at peace. So, the right thing must be done at all times,\u201d he said.<\/p><\/div>\n<div dir=\"auto\">\n\u2018I will shut FIRS offices in Rivers if bullying continues\u2019<br \/>\nWike added, \u201cRivers State is challenging FIRS from collecting VAT in Rivers State. I am not challenging FIRS from collecting VAT in Abuja. Let it be understood. But the law says Rivers must collect VAT in the state.\u201d<\/p>\n<p>\u201cThe Federal Government surreptitiously lobbied to amend the constitution to place VAT collection under the exclusive legislative list<\/p>\n<p>\u201cWe have challenged it and we have no apologies to anybody.<\/p>\n<p>\u201cI don\u2019t want to be in the good book of anybody but in the good book of God.<\/p>\n<p>\u201cYou don\u2019t bully a state like us. FIRS should be very careful. I have the political will to do a lot of things. If they continue to bully us, I will take all their offices in the state,\u201d he stated.<\/p><\/div>\n<div dir=\"auto\">\nThe governor warned the oil companies and business owners not to remit their VAT to FIRS but the Rivers State Government.<\/p>\n<p>\u201cI don\u2019t want you to fall prey of the people who think they can use force to take our money.<\/p>\n<p>\u201cIf you want to take advantage and say you don\u2019t know who to pay to, it is a lie, you know.<\/p>\n<p>\u201cFrom this September, we will start collecting our VAT.<\/p>\n<p>\u201cWe will not look back but seal up the premises of such companies,\u201d Wike warned, adding that the state does not need the Nigeria Police Force to enforce the collection of VAT but would use the state-created security outfit backed by the law.<\/p><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Rivers State Governor, Nyesom Wike, on Wednesday, insisted on going on with his move to stop the Federal Government from collecting Value Added Tax from the oil-rich South-South state. Wike,&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":85752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-85751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rivers VAT not for Abuja people, I don\u2019t care if heaven falls, Wike warns oil companies - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/exclusive\/rivers-vat-not-for-abuja-people-i-dont-care-if-heaven-falls-wike-warns-oil-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rivers VAT not for Abuja people, I don\u2019t care if heaven falls, Wike warns oil companies - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"Rivers State Governor, Nyesom Wike, on Wednesday, insisted on going on with his move to stop the Federal Government from collecting Value Added Tax from the oil-rich South-South state. 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