LIRS Extends Deadline For Individual Annual Tax Returns’ Filling       Lagos State Internal Revenue Service has extended the deadline for filing of individual annual tax returns by two weeks starting from April 1 to April 14, 2021. It said in a statement titled ‘LIRS extends deadline for...

Lagos Accounts For 12.15% As States Debts Hit N4.2trn       The total states and Federal Capital Territory domestic debt profile hit N4.2tn with Lagos State accounting for 12.15 per cent of the debt stock as of the end of 2020. According to the report by the National...

Lagos Pays N1.49bn To 336 Pensioners       The Director-General (DG), Lagos State Pension Commission (LASPEC), Mr. Babalola Obilana has said the government has paid 336 pensioners N1.49 billion as benefits. He restated the government’s commitment to the speedy resolution of pension issues, pledging to ensure the prompt...

Lagos Free Zone Targets Additional $5bn Investment       The Lagos Free Zone, which already has a committed investment of $2bn, is poised to attract an additional $5bn over the next four years. This was disclosed by the Chief Executive Officer, LFZ, Dinesh Rathi, at the corporate headquarters...

UK Plans $150m Waste Plants In Lagos     The British Government has approved more foreign investments in Lagos state, as a plan is underway for the take-off of the first waste-to-energy plant in the state. The facility valued at about $150 million would process 2.5 tonnes of...

Lagos State Loses N4trn Annually To Traffic Congestion         Citing the economic implications of daily traffic congestion in the state, Danne Institute for Research, a Lagos-based research institute, has said in its Connectivity and Productivity Report that Lagos State loses about N4 trillion yearly as a...