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Lagos Lawmakers Commend LIRS on Historic N1 Trillion Revenue Milestone

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Lagos Lawmakers Commend LIRS on Historic N1 Trillion Revenue Milestone

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Legislators in Lagos State have commended the Lagos State Internal Revenue Service (LIRS) for achieving an unprecedented milestone in revenue generation, surpassing ₦1 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 and Budgeting, Hon. Lukman Sa’ad Olumoh, alongside Hon. Femi Saheed, former Chairman of the House Committee on Finance, lauded LIRS and its Executive Chairman, Mr. Ayodele Subair, for their exemplary leadership and dedication to enhancing the state’s revenue performance.

In a recent interview, Hon. Lukman Sa’ad Olumoh described the achievement as a testament to the dedication and expertise of the LIRS team.

He emphasized that Lagos State has set a benchmark in revenue collection, serving as a model for other states to emulate.

Representing the Ajeromi-Ifelodun Constituency 01 in the Lagos State House of Assembly, he praised Mr. Subair for fostering a culture of efficiency and innovation within the agency, which has significantly contributed to its success.

Speaking during the 2024 budget signing ceremony, Hon. Lukman Sa’ad Olumoh conveyed to Governor Babajide Sanwo-Olu that Lagos State has reached an exceptional level in revenue generation.

He acknowledged LIRS’s historic achievement of surpassing the N1 trillion mark and expressed confidence in the agency’s ability to exceed future targets.

He further urged the state government to sustain its support for LIRS, emphasizing that continued improvements in revenue collection could reduce reliance on external borrowing. “You cannot expect remarkable results without placing the right people in key positions.

LIRS is managed by a team of highly skilled professionals. While it operates as a government agency, its structure and operations reflect global best practices.

The agency has evolved into a world-class institution, moving from Good Shepherd’s House to the state-of-the-art Revenue House.

A visit to its facilities will reveal an environment that fosters excellence. Under the leadership of Mr. Ayodele Subair, a visionary and dedicated professional, LIRS has achieved remarkable success.

The agency’s work culture and improved operational environment have been instrumental in reaching this milestone,” Hon. Lukman Sa’ad Olumoh stated.

Looking ahead, Hon. Lukman Sa’ad Olumoh noted that based on LIRS’s consistent performance, the revenue target for 2025 has been set at N1.4 trillion. He assured that as Lagos’s economy continues to expand and more employment opportunities are created, this growth in revenue collection would not impose additional burdens on residents but rather result from enhanced tax compliance and structured reforms. “LIRS has demonstrated steady growth over the past five years.

We have set a revenue target of N1.4 trillion for 2025, and I am confident that the agency can surpass this goal.

Lagos State has the capacity to generate over N4 trillion in internal revenue without negatively impacting its residents,” he added. He also highlighted the role of upcoming tax reforms at the federal level, noting that the Joint Tax Board (JTB) would ensure a well-structured tax administration system.

He reassured the public that no adverse fiscal policies would be introduced, emphasizing that the focus remains on improving compliance and fostering a positive tax culture. In a formal congratulatory letter addressed to Mr. Subair, Hon. Femi Saheed, who represents Kosofe II Constituency, commended the LIRS team for their dedication, resilience, and strategic approach to revenue collection.

He reiterated the Lagos State House of Assembly’s commitment to providing the necessary legislative support to enable the agency to achieve even greater success. “I extend my heartfelt congratulations to you and your forward-thinking management team for surpassing the N1 trillion revenue mark in 2024. My colleagues and I commend your resilience, transparency, and commitment to excellence.

Your achievements bring immense pride to Lagos State, and I am confident that 2025 will be even more rewarding.

As a key revenue agency, we remain dedicated to supporting your efforts in achieving greater milestones,” the letter stated. With this historic achievement, LIRS continues to reinforce its position as a leader in revenue generation, setting new standards for tax administration in Nigeria.

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Kwara Court Jails Tailor for Impersonating, Defrauding EFCC Investigator

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Kwara Court Jails Tailor for Impersonating, Defrauding EFCC Investigator

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, has sentenced a 27-year-old fashion designer, Haruna Musa Tolani, to 12 months imprisonment for impersonating and defrauding Callitus Egwuonwu, an investigating officer with the Economic and Financial Crimes Commission, EFCC, Ilorin Zonal Directorate.

Tolani, an indigene of Ilorin East Local Government Area of Kwara State, was initially arraigned on a two-count charge bordering on impersonation and cybercrime on January 28, 2025 and pleaded not guilty, but later changed his plea to guilty after overwhelming evidence was presented by counsel to the EFCC, Sesan Ola.

Count one of the charge reads:

“That you Haruna Musa Tolani in August,2024 at Ilorin within the jurisdiction of this Honourable Court with intent to defraud, misrepresented yourself via electronic message sent through unstructured supplementary service data (USSD) to Access Bank Plc. With respect to account number 0022643389, property of Mr Callistus Egwuonwu, with which you purchased N20000.00( Twenty Thousand naira) worth of MTN data which resulted into loss to the owner of the account and you thereby commit an offence contrary to and punishable under Section 14(2) of the cybercrime (Prohibition and Prevention) Act, 2015”

Similarly, count two reads:

“That you Haruna Musa Tolani sometime in August,2024 at Ilorin within the jurisdiction of this Honourable Court fraudulently impersonated one Callistus Egwuonwu via electronic message sent through unstructured supplementary service data (USSD) to Access Bank Plc with respect to account number 0022643389, property of Callistus Egwuonwu with intention to purchase MTN data worth Twenty Thousand Naira (20,000.00) which you did purchase and thereby committed offence contrary to Section 22(2)(b)(ii) of the cybercrime (Prohibition and Prevention) Act,2015 and punishable under Section 22(2)(b)(iv) of the same Act”

In his judgment, Justice Awogboro imposed a 12-month custodial sentence on Tolani with an option of a fine of N200,00( Two Hundred Thousand Naira). The court also ordered the forfeiture of a First Bank manager’s cheque of N200,000 in favour of the victim and directed the convict to restitute the sum of N20,000, the amount he fraudulently obtained.

Tolani bagged his imprisonment when he was arrested for internet fraud. He was charged to court, pleaded guilty and convicted.

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Two Truck Drivers Jailed for Illegal Possession of Minerals in Ilorin

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Two Truck Drivers Jailed for Illegal Possession of Minerals in Ilorin

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, on Thursday, May 15, 2025 convicted and sentenced two truck drivers, Abdulkareem Hussaini and Aliyu Ladan to one-year imprisonment each for unlawful possession of solid minerals.

They were arraigned on one-count separate charges by the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC.

The charge against Hussaini reads:

“That you, Abdulkareem Hussaini on or about the 11th day of June 2024, at Ballah Asa Local Government Area of Kwara State, within the jurisdiction of this Honourable Court, without lawful authority, comes into possession of minerals to wit: Thirty-Five Tonnes of mineral, conveyed in a Layland DAF Truck, with registration number KTG 54 XB and thereby committed an offence contrary to and punishable under Section 1 (8) (b) of the Miscellaneous Offences Act, 1984”

Similarly, Ladan’s charge reads:

“That you, ALIYU LADAN, on or about the 13th day of September, 2024 at Ballah, Asa Local Government Area, Kwara State, within the jurisdiction of this Honourable Court, without lawful authority, comes into possession of minerals to wit: 30 tons of mineral, conveyed in a SINO truck, with registration number: FTA 981 XB and thereby committed an offence contrary to and punishable under Section 1(8) (b) of the Miscellaneous Offices Act, 1984”

The defendants pleaded guilty to their respective charges when they were read to them.

Following their pleas, counsel to the EFCC, Sesan Ola, reviewed the facts of the case, tendered evidence and thereafter prayed the court to convict the defendants accordingly.

In his judgment, Justice Awogboro sentenced Hussaini and Ladan to 12 months in prison with an option of fine of N1 million each. The judge also ordered that the solid minerals recovered from the convicts at the time of arrest be forfeited to the Federal Government.

The convicts started their journey to the Correctional Centre when they were found in possession of large quantities of minerals without valid authorization, an act that violates Section 1(8)(b) of the Miscellaneous Offences Act, 1984.

They were charged to court, pleaded guilty to their charges and convicted.

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Adjudication Kicks Off for The Nigeria Prize for Science

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Adjudication Kicks Off for The Nigeria Prize for Science

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H


Momentum is building and adjudication is set to commence for the 2025 edition of The Nigeria Prize for Science, with 112 entries handed over today to the Prize’s Advisory Board for onward transmission to the judges.

Caption: (L-R): Anne-Marie Palmer-Ikuku, Manager, Corporate Communications and Public Affairs (NLNG); Dr. Sophia Horsfall, General Manager, External Relations and Sustainable Development (NLNG); and members of The Nigeria Prize for Science Advisory Board – Prof. Barth Nnaji (Chairman), Chief Dr. (Mrs.) Nike Akande (Member), and Prof. Yusuf Abubakar (Member) during the handover of entries for the 2025 edition of NLNG-sponsored prize held in Lagos…on Tuesday.
The Nigeria Prize for Science, arguably Africa’s richest and most prestigious science award, is worth $100,000.

The 2025 edition features the theme “Innovations in ICT, Artificial Intelligence (AI) and Digital Technologies for Development,” seeking solutions to bolster Nigeria’s digital economy.

Sponsored by NLNG, the Prize attracts entries from scientists worldwide (Nigerians and Non-Nigerians) and aims to identify and reward groundbreaking innovations that advance industry and promote sustainable development in Nigeria.


At a press conference in Lagos, NLNG’s General Manager for External Relations and Sustainable Development, Sophia Horsfall, formally handed over the 112 entries to the Advisory Board, chaired by renowned scientist Professor Barth Nnaji.


The handover marks the start of a rigorous evaluation process, during which a panel of distinguished judges will assess entries based on merit, originality, and potential impact on national development.

The competition is expected to be intense, reflecting rising global interest and innovation in AI and digital technology.


In her remarks, Horsfall highlighted that this year’s theme reflects the global shift toward technological transformation.

She stated: “This year’s Prize seeks to spotlight pioneering research and bold solutions that harness technologies to empower industries, uplift societies, and transform Nigeria’s development trajectory.”


She further added: “These technologies hold immense transformative potential for Nigeria.

As Africa’s largest economy and a nation blessed with a vibrant pool of young talent, we have a unique opportunity to harness digital innovation to develop scalable, globally relevant solutions that will drive sustainable socio-economic development.”


Professor Barth Nnaji, while receiving the entries, expressed his appreciation for the number of submissions. “The Board is greatly encouraged by the volume of entries.

The 2025 competition is shaping up to be intensely competitive, and we are confident it will showcase outstanding innovation,” he said.


He emphasised the transformative power of AI and digital technologies across sectors: “AI is rapidly reshaping nearly every aspect of modern life, driving innovation, improving efficiency, and unlocking new possibilities across industries.”


He added; “ In healthcare, AI enhances diagnostic accuracy and speed through advanced imaging and predictive tools. In education, it personalises learning experiences, helping teachers address challenges early using intelligent tutors and automated assessments.

In agriculture, AI enables precision farming by analysing sensor and satellite data to improve crop management and forecast yields.

These sector-wide transformations underscore AI’s growing role as a catalyst for innovation and sustainable progress.”
Other members of the Board are Chief Dr. Nike Akande, a two-time former Minister of Industry, and Professor Baba Yusuf Abubakar, a professor of quantitative genetics and animal breeding.


The Prize continues to champion innovation, creativity, and scientific excellence as key drivers of Nigeria’s development, while fostering a culture of research that positions the country at the forefront of global innovation.


The winning entry for the 2025 Prize will be unveiled at a world press conference scheduled for September.

Caption: (L-R): Anne-Marie Palmer-Ikuku, Manager, Corporate Communications and Public Affairs (NLNG); Dr. Sophia Horsfall, General Manager, External Relations and Sustainable Development (NLNG); and members of The Nigeria Prize for Science Advisory Board – Prof. Barth Nnaji (Chairman), Chief Dr. (Mrs.) Nike Akande (Member), and Prof. Yusuf Abubakar (Member) during the handover of entries for the 2025 edition of NLNG-sponsored prize held in Lagos…on Tuesday.

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