The executive chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair, has been conferred with the Most Innovative CEO of The Year Award 2022 by the New Telegraph Awards 2022.
The award ceremony, held at the Balmoral Convention Centre, Federal Palace Hotel, Lagos, on Friday, had in attendance several other awardees and dignitaries, including the Vice President, Prof. Yemi Osinbajo, honoured with the Statesman of the Year Award, All Progress Congress presidential flagbearer, Asiwaju Bola Tinubu, PDP presidential candidate, Alhaji Atiku Abubakar, who both bagged Lifetime Achievement Award and Lagos State governor, Babajide Sanwo-Olu, who went home with the Governor of the Year(Education), among others.
The organisers of the awards, The New Telegraph Newspapers, explained that Subair was honoured for his landmark strides since he became the LIRS executive chairman in 2016, as he has been able to implement strategic innovations as well as double the initial revenue generation from N240billion to N427billion with his astute knowledge and experience in Accounting and Taxation.
Driving the tax revolution at the LIRS, other Subair’s achievements, according to the newspaper, include the introduction of eTax in 2019, the launching of the whistleblowing initiative (2022), staff reforms and welfare upgrade (from 2017 till date), the introduction of the IBILE HUB Initiative (2021), technology driven operational reforms in LIRS formed in 2022, where an Intelligence unit- a team of undercover administration specially trained in information gathering and intelligence reports to provide information on all taxpayers in Lagos State and to ensure the agency has adequate information for appropriate profiling to expose tax defaulters.
Others include the establishment of the LIRS Service Charter (2021), the introduction of Automation of collection of consumption taxes (2017-2018), the inauguration of the Joint State Revenue Committee (JSRC) in 2021 as well as becoming the agency with the Highest Generated Revenue amid Covid-19 pandemic in 2020.
While receiving the award, the LIRS boss, who was accompanied by some of the agency’s directors, expressed gratitude to the management of New Telegraph for recognising LIRS for the efforts it has been making in driving the State’s revenue generation under Governor Babajide Sanwo-Olu-led administration.