Some Lagos lawmakers have lauded the Lagos State Internal Revenue Service for surpassing a record N1tn in revenue generation, positioning the agency as the first sub-national revenue agency in Nigeria to attain such a feat.

The lawmakers, including the former Chairman of the House Committee on Economic Planning and Budgeting, Lukman Olumoh, and former Chairman of the House Committee on Finance, Femi Saheed, in separate interviews, lauded LIRS and its Executive Chairman, Mr. Ayodele Subair, for their exemplary leadership and dedication to enhancing the state’s revenue performance.

Olumoh described the achievement as a testament to the dedication and expertise of the LIRS team. He emphasised that Lagos State has set a benchmark in revenue collection, serving as a model for other states to emulate.

Olumoh, who represents the Ajeromi-Ifelodun Constituency 01 at the Lagos State House of Assembly, praised Subair for fostering a culture of efficiency and innovation within the agency, which has significantly contributed to its success.

Speaking during the 2024 budget signing ceremony, Olumoh conveyed to Governor Babajide Sanwo-Olu that Lagos State has reached an exceptional level in revenue generation.

He acknowledged LIRS’s historic achievement of surpassing the N1tn mark and expressed confidence in the agency’s ability to exceed future targets.

https://punchng.com/lagos-lawmakers-hail-lirs-on-record-n1tn-revenue/