Lagos State Governor, Babajide Sanwo-Olu, has dismissed claims that the state will significantly gain from the federal government’s proposed tax reform, stating that Lagos is in an “extremely comfortable” position.
He disclosed this during an interview with newmen on Wednesday, while attending the Africa Investment Forum, Market Days 2024, in Rabat, Morocco.
Sanwo-Olu acknowledged that while Lagos State may experience some losses, it also stands to gain a greater opportunity to play a more substantial role.
He underscored the importance of reforms, despite facing opposition from some groups.
“I’ve seen comments around. Comments like Lagos is going to be the major beneficiary. It is not true. Lagos is actually going to be shaped off in some places, but on a larger scale basis, we see it as a global thing for a better governance structure.