The Lagos State Government Electronic Banking System of Revenue Cycle Management (LASG EBS-RCM) is aimed to Go-online with the Direct Bank Lodgment System (DBLS) of the revenue collection process and provide information for tax administration and planning while monitoring and co-ordinating all revenue generating activities of the state.It is a sophisticated information network system linking Tax Stations & other Revenue Agencies to lodgment banks. It uses the e-Pay messaging system for inter-bank communications by creating and maintaining a database of all revenue collection activities thus allowing for on-line tracking.
LASG-EBS-RCM:
Increases the internally generated revenue base of Lagos State
Provides easy administration, monitoring and co-ordination of all revenue activities in the state
Assists to identify fraudulent debit, diversion of funds and excess charges on the state accounts
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