Lagos Governor Sanwo-Olu advocates for greater autonomy for tax agencies nationwide
via Punch Nigeria4 min read
Lagos State Governor Babajide Sanwo-Olu commended the Lagos State Internal Revenue Service LIRS for its role in the state's economic growth and called for increased autonomy for tax agencies across Nigeria. Speaking at the 159th meeting of the Joint Revenue Board JRB in Marina, Governor Sanwo-Olu highlighted that Lagos' internally generated revenue IGR now accounts for over 60% of its annual budget. He disclosed that Lagos generated N1.3 trillion in IGR in 2024, a 45% increase from the previous year, attributing this growth to digital tax systems, an expanded tax base, and improved taxpayer engagement. The Governor emphasized that for other states to achieve similar success, tax agencies must operate independently, free from political interference. He urged state governors to grant revenue authorities full tenure and operational autonomy to prevent disruptions that could undermine efficiency and public confidence. Sanwo-Olu also noted that taxes paid by residents and businesses in Lagos are being translated into visible infrastructure and social projects, citing the Blue and Red Rail Lines, road expansion projects, hospitals, and new universities as examples. Ayodele Subair, Chairman of the LIRS, stated that the JRB is crucial for strengthening Nigeria's tax system through coordination and reform implementation, especially with new tax laws in effect. Olusegun Adesokan, Executive Secretary of the JRB, speaking on behalf of Chairman Zacch Adedeji, praised Lagos for its revenue
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