Digitalisation Push Lagos IGR Reach N1tr Every Year

Lagos don jump from about N500 million IGR every month before 2005 to N1 trillion yearly now, di first subnational for Nigeria to hit dat mark. Di Executive Chairman of Lagos State Internal Revenue Service (LIRS), Dr Ayodele Subair, yarn dis one for Lagos over di weekend, say na digital technology push di revenue go up like dat. E talk am during di ‘CIO & C-Suite Conference & Awards Africa 2025’, wey focus on ‘The Digital Tax Shift’. Subair, wey dem represent with Dr Rasheed Olu-Ajayi, say LIRS pump money inside digital infrastructure, process automation and data governance, and all dis move strengthen revenue collection and make taxpayer experience better. E add say di LIRS Enterprise Tax Management System, eTax, na di backbone wey join registration, assessment, filing and payment for one platform. Subair talk say Lagos aim still dey far, as dem dey plan use modern tech like Artificial Intelligence take push IGR go higher.

For di event wey happen for Civic Centre, Victoria Island, speakers from different tech sectors yarn how digital tax systems dey reshape Africa economy and governance. Di organisers celebrate innovation, honour people and organisations wey dey drive Africa digital growth. Subair for im keynote, ‘Redefining Fiscal Policy in an Era of Innovation’, talk say e-commerce, fintech, mobile payments and virtual assets don change how countries dey tax and trade. E say governments no dey ask whether to digitise again, but how to govern inside digital world. Other speakers like Oluwakayode Adigun and Mrs Abiola Laseinde hail AI adoption, talk say Africa no dey behind, Africa dey lead. Dem call for more collaboration, better infrastructure and smart cities to make digital systems work better. Dem insist say if people nor embrace technology, dem go wake up one day irrelevant for di new digital economy.