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    MarketForces Africa » MarketForces News » Sanwo-Olu Launches Revenue Portal for Easy Transaction

    Sanwo-Olu Launches Revenue Portal for Easy Transaction

    Olu AnisereBy Olu AnisereAugust 15, 2024 News No Comments4 Mins Read
    Sanwo-Olu Launches Revenue Portal for Easy Transaction
    Gov. Babajide Sanwo-Olu
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    Sanwo-Olu Launches Revenue Portal for Easy Transaction

    Gov. Babajide Sanwo-Olu of Lagos State has launched the Lagos Revenue Portal (LRP), a platform designed to simplify and streamline all revenue payments for  residents of the state.

    The News Agency reports that the  portal will aggregates all Lagos state bills and payments across Ministries, Departments and Agencies in the state, making it a one-stop-shop for all taxpayers.

    “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 doing business in Lagos state.

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

    “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 further 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.

    “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.

    He commended the Ministry of Finance and the Ministry of Innovation, Science and Technology and others for setting the pace.

    “Let me take this opportunity to commend the entire Lagos State Executive Council, Ministry of Innovation, Science and Technology, Ministry of Finance, State Treasury Office, Lagos State Internal Revenue Service, the Audit Service Commission.

    ” Also the Alpha-Beta Consulting, and the Special Adviser on Taxation and Revenue for their unwavering dedication to this project.

    “Your commitment to transforming Lagos into a 21st-century economy is evident in initiatives like this.

    ” I also want to acknowledge the efforts of all our partners, stakeholders, and the entire team that worked tirelessly to bring this portal to life,” Sanwo-Olu said.

    The governor appealed to residents to embrace the innovation.

    “As we launch the portal today, I urge every resident whether an individual, entrepreneur, or corporate entity to embrace it.

    “The success of this platform depends on its adoption by the people it is designed to serve.

    “Let us make the most of this opportunity to simplify our interactions with the government and contribute to the growth and development of our beloved state,” the governor said.

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

     The portal also facilitates easy payer registration, so Individuals and businesses can now 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.

    The  platform is designed to simplify how Lagos residents and corporate entities perform their civic responsibilities in form of non-tax payments, making the entire process more efficient, convenient and secure. #Sanwo-Olu Launches Revenue Portal for Easy Transaction

    FG Issues First $500m Local Bond, says Economy is Improving

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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