Legislators in Lagos State have commended the state Internal Revenue Service (LIRS) for achieving an unprecedented milestone in revenue generation, surpassing N1 trillion. This landmark accomplishment positions LIRS as the first sub-national revenue agency in Nigeria to attain such a feat, reflecting its professionalism, efficiency, and commitment to transparent tax administration. Former Chairman of the House Committee on Economic Planning …

The Nigeria Customs Service (NCS) said it generated N1.3 trillion during the first quarter of this year, an increase of 20 per-cent of its annual projection. At a press briefing on Wednesday, Comptroller-General Bashir Adewale Adeniyi said the feat was achieved in spite of declining Nigerian cargo throughput estimated to have dwindled by 4.89 per cent during the period. The …