Friday, December 5, 2025
25.9 C
Lagos

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

As Nigeria’s media environment continues to evolve, brand sentiment has emerged...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

Nigerian Exchange (NGX) today hosted the Minister of Finance...

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

Nigerian Exchange Limited (NGX) has reaffirmed its leadership in...

Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

Sovereign Trust Insurance Plc notifies its shareholders and the...

Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

The insurance community in Nigeria is poised to upscale...

LIRS Boss, Ayodele Subair, Bags Vanguard’s Public Sector Icon Award

L-R: Mrs. Enonuya Angela- Assistant Director, Personal Income Tax, LIRS, Asiwaju Solomon Kayode Onafowokan, former President Lagos Chamber of Commerce & Industry and Chairman, Coleman Wire and Cables presenting the 2022 Public Sector Icon of the Year Award to Ayodele Subair, (middle) Executive Chairman, Lagos State Internal Revenue Service, LIRS, Ms Coker Folashade- Director, Informal Sector and Special Duties, LIRS and Mrs. Bolaji Akintola, Director, Tax Audit, LIRS during the 11th edition of the Vanguard Personality of the Year Award held over the weekend in Lagos.

Mr. Ayodele Subair, Executive Chairman, Lagos State Internal Revenue Service (LIRS) has been conferred with the 2022 Public Sector Icon of the Year award at the 11th edition of the Vanguard Personality of the Year Award held in Lagos on Friday, January 27, 2023.

The glamorous ceremony chaired by Mrs. Ajoritsedere Awosika, Chairman of Access Bank, is an annual event where eminent personalities who have distinguished themselves in professional excellence and service to humanity in the private and public sectors are honoured.

According to the organizer of the event, Vanguard Newspaper Limited, the LIRS boss, Subair, was conferred with the special award in recognition of his magic wand in the Lagos state tax revolution during the last seven years of being in office.

Receiving the award, alongside some of the LIRS directors, Subair expressed gratitude to the Vanguard Newspapers’ management for finding him worthy to be selected for the honour.

“I must thank the chairman and management of Vanguard Newspapers. They’ve been there as the vanguard leading the way in developments and new ideas for many years. To be on top is not very easy. They are one of the best newspaper organisations in Nigeria. I say kudos to them.”

Speaking further, Subair noted: “I feel very proud about our achievements at LIRS. It’s not just about me. It is about LIRS, the management, the directors, and staff, including most importantly, His Excellency, Governor Babajide Sanwo-Olu for his immense support and encouragement.

Also, the Lagos State House of Assembly, the Judiciary and all stakeholders that have contributed to our success.”

Commenting on the impact of the award, the LIRS chairman said it had thrown the agency up for more good work.

He said the agency is happy to be contributing to the development of Lagos State and humanity. According to him, “Without mobilisation of funds, there can’t be any meaningful development.”

Born on May 21, 1960, Subair holds a Bachelor of Arts Degree in Economics from the Metropolitan University of Manchester, United Kingdom.

He also holds a Master’s Degree in Business Administration from the University of Lagos. A fellow of the Institute of Chartered Accountants of Nigeria, ICAN, member of both the Chartered Institute of Taxation of Nigeria, CITN, and the Business Recovery and Insolvency Practitioners Association of Nigeria, BRIPAN.

Prior to his appointment in 2016, the internally generated revenue, IGR, by the LIRS, hovered around N240 billion, but with his astute knowledge and experience in accounting and taxation, Subair has increased revenue generation to N427 billion, nearly doubling the initial revenue at the start of his tenure.

Subair has introduced various innovative measures to shove up the tax revolution in Lagos State, which included the introduction of e-Tax, which has resulted in a faster turn-around time for tax processes, improved transparency, and increased taxpayer self-service.

At the prestigious Award night, aside from the LIRS boss, other eminent Nigerians were conferred with different categories of awards, including the President of Dangote Group, Alhaji Aliko Dangote, who won the Personality of the Year Award.

Governors Emmanuel Udom of Akwa Ibom State, Babagana Zulum of Borno State, Ifeanyi Okowa of Delta State, AbdulRahman Abdulrazaq of Kwara State and Seyi Makinde of Oyo State emerged as Vanguard Newspaper 2022 Governors of the Year.

Also honoured were Chairman of NDLEA, General Buba Marwa (rtd), Founder/CEO, Techno Oil, Nkechi Obi, Ray Ekpu and Mohammed Bello Koko, CEO, Nigerian Ports Authority (NPA) among others.

Earlier, speaking at the award ceremony, General Manager/Editor-in-Chief of Vanguard Newspaper, Mr Gbenga Adefaye, said that for a decade, Vanguard Newspaper has continued to recognise Nigeria’s most distinguished individuals for excellence, national pride and service to humanity.

Adefaye noted that these individuals in business, politics and other facets of human endeavour have not only achieved great success but have been responsible corporate citizens, impacting society and the environment.

“They have been innovative and forward thinking and have taken bold steps to shape the future of their industries and served with integrity and dedication to improve the nation “There are numerous ways to make a positive influence, whether by volunteering our time, closing market gaps, spearheading innovation, being a model citizen or simply lending a helping hand to people in need’’ he said.

Hosted by actress and television presenter, Zainab Balogun and her male colleague, Deyemi Okanlawon, the ceremony had in attendance society’s Crème de la crème including captains of industry, members of the diplomatic corps, businessmen, and women businesswomen, media personalities as well as members of the culture and creative industry.

 

 

 

Hot this week

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Emirates Gets African Travel Gold Award as Nigeria Launches “Culture Meter Index”

Paulos Legesse, Emirates Nigeria Country Manager welcoming welcoming the...

Fidelity Bank Receives Customs Service Award for Pioneering Role in UCMS Implementation

L – R: Head, Central Collections Unit, Olaide Adeyemo;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

Topics

CTO Tasks Africa on Digital Broadcasting Switchover

In his opening address at the Digital Broadcasting Africa...

FG Bans Waivers for Threaded Pipes, as Monarch Alloys Opens Factory

The Minister of State for Petroleum Resources (Oil), Senator...

Nigeria Ranks 127 in WEF 2016-2017 Global Competitiveness Report

Mauritius remains Africa’s most competitive nation (45th worldwide), World...

Francophone Africa: The Continent’s Hottest Hospitality Market

Identified as a strategic growth point for major international...

The Challenges of Recurring Potholes in Nigeria Roads

By Moses Braimah In Nigeria, roads are constructed using multiple...

‘Nigeria’s Hospitality Industry Must Increase Payment Options to Maximise Growth’

    ·         The World Travel & Tourism Council’s Economic Impact...

CIIN Empowers Over 50 Young Insurance Professionals at Boot Camp 3.0

L-R: Guest Speakers; Mr. Boniface Amadi, Head, Business Systems Automation, Continental Reinsurance...

NDPB to Celebrate Global Data Privacy Day 2023, Host National Privacy Day

Nigeria will on Saturday 28th of January 2023 join...
Exit mobile version