Sanwo-Olu to launch Lagos Revenue Portal Thursday

3 months ago 32

In a bid to simplify the non-tax payment process by residents and corporate entities in Lagos State, the state Governor, Mr. Babajide Sanwo-Olu, will formally inaugurate the innovative Lagos Revenue Portal on Thursday.

The Special Adviser to the Governor on Taxation and Revenue, Mr Opeyemi Ogungbo, announced it in a statement issued on Monday.

Ogungbo said, “The innovative online platform is designed to simplify how Lagos residents and corporate entities perform their civic responsibilities in the form of non-tax payments, making the entire process more efficient, convenient and secure.

“The proposed launch of the LRP is in line with the governor’s T.H.E.M.E.S+ agenda and his continuous drive to improve the quality of life for Lagosians.”

According to Ogungbo, the innovative online platform is designed to simplify how Lagos residents and corporate entities perform their civic responsibilities in the form of non-tax payments, making the entire process more efficient, convenient and secure.

“As earlier established with the e-Tax platform for all tax payments managed by the LIRS. LRP is another milestone in the administration of our governor, Mr Babajide Sanwo-Olu.

“The LRP scheduled to be launched by Mr Governor on Thursday, August 15, 2024, represents a significant leap towards modernizing our revenue collection system.”

Meanwhile, he maintained that the advanced technology would streamline the state’s collection processes into a more friendly and accessible self-service portal for everyone in Lagos.

According to Ogungbo, the LRP aggregates all Lagos State bills and payments across ministries, departments and agencies in the state, making it a one-stop-shop for all taxpayers.

He added that the portal allows Lagosians to manage and print their bills and make payments online through multiple available channels.

Ogungbo explained that this eliminates the need for physical visits to Lagos State service stations and bank branches, saving time and reducing hassle for their taxpayers.

According to the governor’s side, the portal ensures secure and seamless payment processing, guaranteeing that transactions are both safe and efficient.

Meanwhile, he added that with the portal, every payer receives an instant revenue receipt after successful payment and also allows them to seamlessly validate these receipts to avoid paying to the wrong hands.

“Additionally, the portal facilitates easy payer registration, so individuals and businesses can now register as payers and access their profiles online, simplifying the entire registration process,” Ogungbo stated.

Also, he noted that the LRP also allows for amendment and reversal requests, saying payers can request changes or reversals on their payments, which significantly reduces errors and disputes along the transaction value chain, payers, banks and MDAs.

He added, “A comprehensive view of payments and receipts is another valuable feature of the portal. Users can view and download their payment history (remittance statement) and receipts, providing easy access to their records.

“LRP is available on both secure web and mobile application channels. This will allow taxpayers to access the portal on the go, making it even more convenient. The portal is designed to allow for seamless integrations with current and future technologies; thereby, allowing for scalability, robustness, confidentiality and data integrity without compromising data privacy regulations.

“The LRP is a significant step towards modernising revenue collection and administration in Lagos State, by providing a user-friendly, efficient, and secure platform, the government aims to increase compliance, promote transparency, ensure efficient service delivery, and grow revenue for developmental projects.”

According to Ogungbo, as the portal continues to evolve, it is expected to impact the state’s revenue administration system.

“We are committed to continuously improving LRP to meet the needs of our citizens and businesses in Lagos State,” he added.

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