• Thursday, October 03, 2024
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Sanwo-Olu launches simplified tax payment portal for businesses, residents

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Governor Babajide Sanwo-Olu of Lagos State has launched the Lagos Revenue Portal (LRP) to simplify and streamline all revenue payments for businesses and residents of the state.

The portal will aggregate all Lagos state bills and payments across ministries, departments and agencies, making it a one-stop-shop for all taxpayers.

The portal eliminates the need for physical visits to Lagos state service stations and bank branches, saving time and reducing hassle for their taxpayers.

Read also: FG woos investors, launches $500m tax-exempt bond 

It also facilitates easy payer registration, allowing individuals and businesses to register as payers and access their profiles online, simplifying the entire registration process. The LRP is available on both secure web and mobile application channels.

“Today, we are gathered to witness yet another milestone in our collective effort to transform Lagos into the most business-friendly state in Nigeria.

The LRP represents our commitment to innovation, transparency, and ease of business in Lagos state.

“The importance of efficient revenue collection cannot be overemphasised. It is the lifeblood of governance and development.

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“Through it, we can fund critical infrastructure, provide essential services, and improve the quality of life for every Lagosian.”

According to the governor, achieving this requires a system that is not only robust but also transparent and user-friendly. This is where the Lagos revenue portal comes in.

“This portal is more than just a platform; it is a game-changer. It is designed to streamline the payer enumeration process, making it easier for individuals and businesses to comply with their tax obligations,” he said.

Sanwo-Olu said it was imperative to make payment processes less cumbersome for users, and further promote accountability and transparency.

“By simplifying this process, we are removing barriers to compliance, which will, in turn, boost our revenue base. But more than that, we are promoting a culture of accountability and transparency in revenue collection.

“This portal aligns with our broader vision of making Lagos a smart city and a place where technology and innovation drive progress by digitising our revenue collection process.

Read also: E-service portal, taxpayers’ compliance push FCT-IRS revenue to N126.54b in 6 months

“We are not only enhancing the ease of doing business but also positioning Lagos as a model for other states in Nigeria and beyond.

“We are setting a standard for governance that leverages technology to deliver efficient and transparent services to the people,” Sanwo-Olu said.

SENIOR ANALYST - LABOUR/LAGOS STATE

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