The Managing Director of UpdateAfrika Communications, Dr. Joseph Effiong, has credited Lagos State’s unprecedented revenue milestone—surpassing N1 trillion—to ongoing tax reforms and the successful implementation of a digitized tax system.
Dr. Effiong commended the Lagos State Internal Revenue Service (LIRS), led by Executive Chairman Mr. Ayo Subair, for its strategic approach and innovative use of technology that has significantly transformed tax administration in the state.
A standout feature of the LIRS’s reform efforts is its web-based platform, which enables taxpayers to conveniently handle essential tasks such as tax payments, return filings, and document retrieval—including the issuance of electronic Tax Clearance Certificates (TCCs).
The digital upgrade, aimed at enhancing operational efficiency and reducing physical visits to tax offices, has been lauded by stakeholders for streamlining compliance processes.
Dr. Effiong noted that the introduction of electronic TCCs for Personal Income Tax has simplified the process dramatically, with individuals now able to obtain their certificates within 24 hours. He emphasized that this advancement not only promotes voluntary compliance but also supports economic activity by removing bureaucratic hurdles.
“The state’s revenue profile and testimonials from taxpayers highlight the effectiveness of this initiative,” Effiong stated. “By leveraging technology, the LIRS has set a benchmark for efficient tax administration that is already yielding economic benefits.”
He also urged other states across Nigeria to adopt similar tech-driven tax strategies, emphasizing that doing so could enhance public trust, improve taxpayer compliance, and contribute to broader national revenue growth.
Lagos State’s achievement serves as a strong example of how deliberate reforms, backed by digital innovation, can drive substantial progress in public sector revenue generation.
For professional advice on Accountancy, Transfer Pricing, Tax, Assurance, Outsourcing, online accounting support, Company Registration, and CAC matters, please contact Sunmola David & CO (Chartered Accountants & Tax Practitioners) at Lagos, Ogun state Nigeria offices, www.sunmoladavid.com. You can also reach us via WhatsApp at +2348038460036.
