LIRS Increases Revenue Outlets

The Lagos State Internal Revenue Service revealed that it has opened 24 revenue outlets across main markets in the state.
It disclosed that the development would facilitate the agency to capture more members of the taxpaying public which will ease its payment and collection. Dr. Williams Fowler, Chairman and Chief Executive Officer, Lagos State Board of Internal Revenue, stated these.
Fowler stated that as part of its continuous innovations in service delivery to the taxpaying public, it had introduced healthy measures to grow the internally generated revenue base of the state over the years.
He gave these measures as Information and Communication Technology infrastructure, recruitment and manpower development
He stated that, from a paltry N3.6bn generated in 2006, the LIRS revenue profile had increased to an average of N23bn as of 2015.
While noting that he would step down this year as the board’s helmsman after 10 years, Fowler advised the country to focus more on its revenue drive on taxation to reduce its over reliance on petroleum revenue sources.
“I honestly advise that the country should diversify its revenue base and focus on other sources, including taxation. The government can learn from us (LIRS) regarding our various revenue generation drives,” he said.

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