How Lagos State Government Plans to Tax Remote Workers 
News - July 31, 2024

How Lagos State Government Plans to Tax Remote Workers 

The Lagos State government has unveiled plans to increase its revenue by targeting remote workers as part of a broader strategy to tap into the digital ecosystem

According to a recent document from the Eko Revenue Plus Summit, the government aims to generate an estimated N200,000 billion from this sector.

The initiative is part of a larger goal to boost the state’s internally generated revenue (IGR) to N5 trillion. This revenue increase will focus on four major sectors, including the digital ecosystem, as key areas for growth.

The government’s strategy involves using technology to enhance tax administration, expanding the tax base, and exploring new revenue streams, particularly those not traditionally taxed. This approach also includes refining current processes to maximize efficiency.

Lagos has consistently led the nation in IGR, with the National Bureau of Statistics reporting that the state generated N651 billion in 2022 alone. This new plan to tax remote workers is part of ongoing efforts to sustain and build on this financial success.

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