‘My Administration’s Tax Laws Will Not Hurt Residents” – Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu yesterday pledged not to tamper with the autonomy enjoyed by the Lagos State Internal Revenue Service ( LIRS).

The governor said his administration’ s tax drive was not to hurt the residents and businesses operating in the state , but the government needed to widen the tax net to get key promises of his administration delivered .

Sanwo- Olu , who spoke while receiving leadership of Chartered Institute of Taxation of Nigeria ( CITN ) on a courtesy visit to the State House in Alausa, led by its Chairman , Dame Olajumoke Simplice , said his government had fortified LIRS by prioritising the agency ’s monthly subventions and motivated its personnel to drive up efficiency.

The Governor also assured that the drive to increase the state ’s Internally Generated Revenue (IGR ) would not hurt the residents, saying that the revenue agency had enjoyed unrestrained independence under his watch , and his administration would continue to strengthen the agency to achieve its yearly revenue targets.

He praised members of the Institute for strengthening public institutions on revenue generation drive through regular capacity building and interventions that benefited the state.

Dame Simplice , urged the governor to appoint tax professionals as decision -makers in strategic government ’s departments and agencies , adding that Lagos must re -invigorate its tax advocacy to capture those in the informal sector.

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