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Lagos digitises revenue collection from hotels, restaurants

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The Lagos State Internal Revenue Service (LIRS) has announced the immediate deployment of an electronic system for the collection of hotel occupancy and restaurants consumption tax (HORCT).

In a public notice on Monday, Ayodele Subair, executive chairman of LIRS, said the new collection process called the ‘eco fiscal system’ (EFS) is an automated invoicing solution, designed to revolutionise the collection of consumption taxes in the state.

He said the EFS evolution aligns with LIRS’ commitment to building convenience into the payment of taxes and easing compliance with tax laws.

“This technological advancement marks a significant leap in our continuous efforts to enhance revenue collection, streamline processes, and improve efficiency in tax administration,” he said.

“It simplifies compliance and improves accuracy.”

Traditionally, Subair said the HORCT collection has been a tedious task for operators in the past, even as the manual process often led to errors, penalties, and increased costs.

But with the “cutting-edge” software, businesses can now automate and digitise their invoicing and collection processes, he said.

“Built with operators in this sector in mind, EFS offers real-time online consumption tax billing, collection monitoring, and instant issuance of receipts with a unique invoice number,” the LIRS boss said.

“It also reduces compliance costs, facilitates easy administration and reconciliation for HORCT collections, and fosters transparency.”

Subair said by adopting the EFS, businesses can ensure accurate calculations, eliminating the risk of mistakes associated with manual data entry.

He said the system automatically applies relevant tax rates, saving businesses valuable time and resources.

The software, according to the taxman, also provides secure and efficient record-keeping, simplifying audits and minimising compliance risks.

“Our goal is to empower businesses with innovative solutions that enhance their operational efficiency and minimize compliance challenges,” he said.

“Businesses can focus on their core operations, leaving the complex task of tax compliance to the reliable and automated system.”

Subair enjoined all operators in the hospitality sector to adopt the EFS.

He stressed that operations on the system take effect immediately and failure to comply is a contravention of the provisions in sections 7(1), 8, and 9 of the Hotel Occupancy and Restaurant Consumption Fiscalization Regulation 2017.

Subair also noted that the EFS is compatible with various e-commerce platforms and can seamlessly integrate with existing accounting systems, ensuring a smooth implementation process.

He added that LIRS officials would be visiting establishments in the hospitality industry, to integrate the software with existing systems and provide necessary assistance for a seamless transition to the EFS platform.

Business

31m users exposed as Wayback Machine suffers data breach

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The details of 31 million users have been exposed after Internet Archive’s Wayback Machine suffered a hack.

Internet Archive is a non-profit digital library that offers millions of free books, movies, audio files, and billions of saved web pages in the Wayback Machine that would have been lost or deleted.

An illicit pop-up on the Internet Archive on Wednesday announced that the site had suffered a major data breach.

“Have you ever felt like the Internet Archive runs on sticks and is constantly on the verge of suffering a catastrophic security breach? It just happened. See 31 million of you on HIBP!” users reported seeing on the landing page after the hack.

HIBP, an acronym for Have I Been Pwned, is a tool that confirms if email addresses previously suffered a data breach.

Troy Hunt, HIPB creator, confirmed that the breach was legitimate.

According to Brewster Kahle, Internet Archive founder, the organisation fended off a DDOS attack.

Kahle said the library also disabled the JS library after hackers defaced the website via the portal, scrubbed systems, and upgraded security.

“Will share more as we know it,” Kahle tweeted.

A pop-up on the Wayback Machine urged users to ask publishers to restore access.

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FG launches portal for vehicle owners to convert to CNG and pay later

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The federal government has launched a website that allows users to convert their petrol-powered vehicles to compressed natural gas (CNG) and pay later.

The National Orientation Agency (NOA) announced the new initiative on its X handle in a statement on Tuesday.

“Switching to Compressed Natural Gas (CNG) is now more accessible than ever,” NOA said.

“With flexible payment plans tailored to fit your budget, transitioning from petrol to CNG has never been smoother or more affordable.

“These payment options allow you to convert your vehicle now and pay later with affordable monthly instalments at competitive rates.”

The agency said with an easy online application and quick approval process, beneficiaries would be supported every step of the way, to ensure a hassle-free experience.

“Visit: gocng.ng to get started,” NOA said.

According to the agency, the benefits of CNG include cost savings, environmental impact, enhanced engine life, safety and reliability, as well as proven technology with a track record of safety and dependable performance.

On October 7, the federal government launched a portal that would allow youths to access CNG-powered tricycles.

In his remarks, Michael Oluwagbemi, project director and chief executive officer (CEO) of the presidential CNG initiative (P-CNGi) said the initiative would enhance the economic well-being of Nigerians by reducing dependence on petrol.

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Nigerian Air Force direct short-service application opens October 14 (Apply Here)

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The Nigerian Air Force (NAF) says applications for the direct short-service cadets (DSSC) programme will open on October 14.

In a post on X on Wednesday, NAF said online registration will end on November 26.

The NAF said the enlistment is for graduates and postgraduates, who must be of Nigerian origin by birth.

“Applicants must not be less than 1.66 and 1.63 metres tall for male and female candidates, respectively,” the post reads.

“Applicants must be medically, physically, and psychologically fit; applicants must be free of any criminal conviction by the court of law.

“Applicants must be between the ages of 20 and 30 — but the age requirement for medical consultants is between 25 and 40 years.

“All applicants must possess a minimum of second-class upper division with five credits in a related course of study: a discharge certificate/letter of exemption from the National Youth Service Corps (NYSC) and a certificate of full registration with their respective statutory professional bodies in Nigeria.

“All candidates are expected to possess a LGA attestation, a passport photograph, and means of identification, such as a driver’s license, national identification number, or international passport.

“Applicants are advised to print out acknowledgement slips and LGA attestation forms after completing the application.”

NAF noted that the online registration is free of charge, adding that computer literacy will be an advantage.

It added that successful applicants will be invited for selection board interview exercises through the registration portal.

Interested applicants are to apply online at https://airforce.mil.ng/.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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