Lagos State Governor , Babajide Sanwo-Olu, has called on state governors to empower their Internal Revenue Services to improve Internally Generated Revenue (IGR).
Eko Hot News reports that the Governor made this known during a courtesy visit by the Joint Revenue Board at Lagos House, Marina. The visit also marked the opening of the Board’s 159th meeting in Lagos.
He emphasised that strong institutions are key to achieving sustainable development.
Sanwo-Olu noted that granting operational independence to revenue agencies is essential. He explained that this allows professionals to maximise their expertise and deliver better outcomes.
He added that empowering revenue agencies builds confidence among taxpayers. It also encourages compliance and supports transparency in tax administration.
According to the Governor, states must provide the right tools and environment. This includes adequate resources and full tenure for agency leadership.
He stated that Lagos is aligned with national tax reform frameworks. The state is also willing to share its experience with other states.
Sanwo-Olu highlighted the importance of collaboration between states and national bodies. He said Lagos remains open to partnerships that support effective tax administration.
He revealed that Lagos generated about ₦1.3 trillion in IGR in 2024. This represents a significant increase compared to the previous year.
He noted that IGR now accounts for over 60 percent of the state’s budget. This has enabled the government to deliver key development projects.
The Governor attributed this growth to investments in digital tax systems. He also cited efforts to expand the tax base and build trust with taxpayers.
Earlier, the Chairman of the Joint Revenue Board, Zacch Adedeji, represented by Olusegun Adesokan, described the meeting theme as timely.
He noted that Lagos continues to lead in sub-national revenue generation. He attributed this success to consistent reforms and institutional strengthening.
Adedeji highlighted the role of past reforms introduced during the administration of Bola Ahmed Tinubu. These reforms laid the foundation for current revenue growth.
He stated that Lagos generated over ₦1.7 trillion in 2025. This reflects steady progress in revenue administration.
He also noted that the funds are being used for infrastructure and social development. These projects are improving the quality of life for residents.
Examples include the Ojota–Opebi Link Bridge, which supports traffic flow. Investments in agriculture and education were also highlighted.
In his remarks, the Chairman of the Lagos State Internal Revenue Service, Ayodele Subair, commended the Governor’s support.
He noted that investments in staff welfare and infrastructure have improved performance. These include provision of tools and enhanced funding.
Subair emphasised that strong leadership is essential for effective revenue administration. He assured that LIRS remains committed to maintaining high standards.
He added that the Board’s meeting will strengthen national tax systems. It will also reinforce Lagos’ leadership in fiscal governance.
The engagement highlights the importance of collaboration in revenue generation. It also underscores the role of strong institutions in national development.
Sanwo-Olu reiterated that Lagos is ready to support reforms. He stressed that improved IGR is key to achieving long-term growth and sustainability.
