Lagos State government says it is fully adopting the Central Bank of Nigeria (CBN) cashless policy to curb revenue-related corrupt practices in the nation’s economic capital.
Lagos hopes that e-payment will stem a larger proportion of revenue theft, diversion of collected revenue and all sorts of corrupt practices associated with revenue collection.
The plan was unveiled at a a three-day training workshop for the newly appointed Sole Administrators and Heads of Accounts and Finance.
”The event is aimed at creating easy platform for Lagosians to make payment electronically and through the use of POS for all transactions with the Local Government Councils across the State”, Muslim Folami, Lagos State Commissioner for Local Government and Community Affairs said at the workshop.
The Commissioner says that the workshop would enable the participants have better understanding of the cashless policy and operation of the system. He urged participants to actively participate to acquire the necessary knowledge, understanding and exposure that will equip them for the challenges ahead.
Responding on behalf of other Sole Administrators and Heads of Accounts and Finance, Sole Administrator of Bariga LCDA and Chairman of Conference 57, Mr. Sanya Osijo, commended the State Government for organizing the workshop.
He said that it will assist them on how to improve the revenue generation of their various councils through cashless policy and will make it easier and safer for the rate payers to transact with POS and other electronic means of payment.