Home News COVID-19: Lagos Made N25b During Lockdown – LIRS

COVID-19: Lagos Made N25b During Lockdown – LIRS

by Damilare Salami
LIRS,COVID-19, TAX,

The Lagos Inland Revenue Service (LIRS) says it generated a whooping N25 billion through taxation in April when there was total lockdown.

Mr Rasheed Olu-Ajayi, Head, Information and Communication Technology (ICT) of LIRS disclosed this to the News Agency of Nigeria (NAN) via an exclusive virtual conference on Zoom on Saturday.

Olu-Ajayi said the service was able to achieve the fit by leveraging on technology.

He said that though the revenue invoked was not good enough but it was better than starting from ground zero taking to cognisance the total lockdown.

According to him, business was very good due to automating processes.

“What we did was to have a business continuity plan by documenting product, events with which we continue to work.

“So, we invoked technology tools, with lots of our staff, working from home but chasing taxpayers.

“We were able to invoke a good amount of money, not a case of ground zero.

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