Tax collection: Lagos
govt to drop Tinubu’s
firm, others

Written by Kunle Awosiyan, Lagos
Friday, 14 October 2011

THE Lagos State government and Alpha Beta, a company owned by former governor of Lagos State, Senator Bola Tinubu, may be heading for a showdown, as the government plots to withdraw its service from the company. The Special Adviser to the Governor on Taxation and Revenue, Mr Bola Shodipo, revealed this at a forum with members of Manufacturers Association of Nigeria (MAN), Ikeja branch, led by its chairman, Isaac Ade-Agoye, on Thursday. He said the state government would, from next year, do away with the revenue/tax consultancy system. “The consultants have outlived their usefulness and their services, therefore, may no longer be required from 2012,” he said. The private revenue/tax consultants were introduced by Senator Tinubu, who is alleged to have the biggest share in a consultancy firm, Alpha Beta. From 2008, the reform had led to a rise in the internally generated revenue (IGR) of the state from about N6 billion
to N10 billion the following year, with the state IGR currently fluctuating between N18 billion and N20 billion monthly.

http://www.tribune.com.ng/index.php/news/29687-tax-collection-lagos-govt-to-drop-tinubus-firm-others