Nigeria's commercial nerve centre, Lagos has less than 700 active taxpayers, said Governor Babajide Sanwo-Olu.

Sanwo-Olu stated this while speaking at The Platform, an annual economic summit organised by the Christian Covenant Centre, Lagos.

While answering a question on multiple taxations in the state and what the government is doing about it, Sanwo-Olu said the state is getting little from tax, adding that while he would not canvass for an increase in the tax rate, he wants many more Lagosians to be brought to the tax net.

According to him, the state has less than 700 active taxpayers and only about 110 taxpayers pay up to 10 million naira and above as tax in the state.

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