 The Lagos state government says it has grown its internal generated revenue from $600 million monthly in 1999 to over $45 billion a month as of today. Governor Babajiri Asano Lush stated this on Monday. This was in his keynote address at the opening ceremony of the 149th meeting of the Joint Tax Board in Victoria Island, Lagos, who was represented by the Commissioner for Finance Rabu Uluwu plus TV Lagos State Correspondent Love Ikuku Oyedokum was there and filed this report. It is the 149th meeting of the Joint Tax Board, thus APES Board for Tax Authorities in Nigeria. Governor Babajiri Asano Uluwu was represented by the Commissioner for Finance Rabu Uluwu. He acknowledged the significant reforms that the JTB has implemented or spearheaded especially in recent years. Lagos is by far the largest contributor to national non- oil revenues, corporate income taxes, vats, customs duties, and others add to the co-office. So Uluwu lamented that subsequent redistribution of resources does not reflect the contribution of Lagos State. Our share in this redistribution fails to take into account the demographic, infrastructural burdens and pressures that are coming being the economic nerve center of the nation and also a former federal capital territory. He disclosed that Lagos has grown his IGR with an astounding increase of 7,400 percent. It all began with ensuring the foundational autonomy of internal revenue service is implemented, whereby Lagos State Revenue Administration Law 2006 helped achieve this. Executive Chairman Lagos Internal Revenue Service is Mr. Ayodile Subbar. He opened up on efforts being made to improve on tax administration and ease of doing business in the state. Technology has also become a necessity for enhanced responsibility and accountability in the tax system. The cornerstone of development really is the payment of taxes. Payment of taxation is a most sustainable means of generating revenue. We all know that, you know, in the particular governor needs the funding for development. The location of technological solution to ease processes, procedures, and lifestyles in the 21st century can be seen as a natural consequence of the global development, and we can only look forward to improving our ways of doing things. Hopefully, the deliberations from this forum will bring about practical solutions on critical revenue issues and fiscal federalism. From Lagos, Love Ikugu Uyidukun, Poplast TV, Africa. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.