The Oyo State Governor signed into law on 22 December 202, a law to impose tax on goods and services consumed in hotels, restaurants, clubs. Bars event centres within the territory of Oyo State and vested the power of administration (Assessment and Collection) in the Oyo State Board of Internal Revenue (OBIRS).

The Hotel Occupancy and Restaurant Consumption tax law Imposes a 5% tax on goods and service consumed in The Hotel Occupancy and Restaurant Consumption Tax Law (hereafter referred to as “the Law”) imposes a 5% tax on goods and services consumed in hotels, event centres and restaurants within Lagos State.  The tax base is the total cost of facilities, consumable or personal services supplied to a consumer in, by or on behalf of the hotel, restaurant, or events centre, excluding value added tax (also levied at 5%). The term hotel is defined under the Law to include motels, guest houses, and apartments for short time letting, while restaurant is defined to include any food sale outlet, bar tavern, inn or café whether or not located within a hotel.  Events centres on the other hand are defined under the Law to include halls, auditoriums, fields, and places designated for public use at a fee.