Connect with us


Hardship: Fashola tells Lagos Govt to reduce levies, taxes across sectors  




Mr. Babatunde Fashola, a past governor of Lagos State, has recommended that the Lagos State Government lower taxes and fees to alleviate the socioeconomic difficulties faced by its citizens. 

Fashola made this statement during the 18th Executive and Legislative Parley of Lagos State, which took place on Friday at the Eko Hotels and Suites, Victoria Island, Lagos. 

The yearly parley takes place to evaluate the activities and responsibilities of the different branches of government. 

Fashola, the former minister of Works and Housing, praised Governor Babajide Sanwo-Olu for implementing additional measures to mitigate the impact of subsidy elimination. 

According to him, not only would the school feeding initiative and the reduction of transportation costs help, but also lowering levies and taxes in other sectors would make a considerable difference. 

Furthermore, the Senior Advocate of Nigeria (SAN) urged the state government to find a way of redistributing wealth and give small businesses succor. 

What you should know  

Lagos has reformed its tax system to enhance efficiency and compliance. Automation and digitization of tax processes aim to reduce evasion and increase collections.