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ADVANTAGES OF EBSRCM

Benefits:

  1. Increases the internally generated revenue base of Lagos state
  2. Provides easy administration, monitoring and co-ordination of all revenue activities in the state
  3. Assists to indentify fraudulent debit, diversion of funds and excess charges on the state accounts

Achievements

The Lagos State Government has created a customized database infrastructure based on cutting-edge technology, which simplifies revenue collection and tax administration. The new system:

  1. Eliminates all sources of revenue leakage on all fronts especially through Taxpayers, Revenue officials, and Banks.
  2. Has created an online Database in respect of Taxpayers whose tax paying habits are monitored real-time.
  3. Is able to generate with a high degree of accuracy projected revenue of future periods from all sources.
  4. Is able to generate reports showing revenue distribution by revenue type and revenue agency.
  5. Is able to show distribution of revenue collected geographically.