Unbelievable! See How Many Lagos State Residents are Guilty of Tax Evasion

 

The Lagos State Government on Sunday, October 1, said about 3.5 million of its residents were currently guilty of tax evasion.

 

Accordng to the state government, this siituation violated the country’s 1999 Constitution and other extant legal instruments.

 

 The government added that it determined to capture the 3.5 million tax evaders in the state’s tax net while lamenting the continual decline in allocations from the federal government and dwindling oil price in the international market.

 

The Chairman of the Lagos Internal Revenue Service, (LIRS) Olufolarin Ogunsanwo, revealed this in a statement issued after a meeting with the agency’s staff.

 

Ogunsanwo stressed  the need to capture more people in the state’s tax net so that its internally generated revenue (IGR) could be used to cushion the effect of the shortfall.