EXCLUSIVE: Tinubu-Linked Alpha-Beta Sets ₦2.83 Trillion Lagos Tax Target for 2026 Amid Economic Hardship

An internal planning document obtained by SaharaReporters reveals that Alpha-Beta Consulting LLP, a firm long linked to President Bola Tinubu, has set an ambitious ₦2.83 trillion tax revenue target for Lagos State in 2026—more than double the state’s previous collections. The projection comes amid rising inflation, business closures, job losses, and growing public distrust of government tax policies. While Lagos generated about ₦1.41 trillion in tax revenue as of October 2025, Alpha-Beta’s 2026 target signals a more aggressive revenue drive that could intensify enforcement and pressure on struggling businesses. The document also exposes operational challenges within the firm, including power outages, network failures, weak monitoring systems, and difficulties tracking distressed companies, raising questions about the feasibility and social impact of the ambitious tax target under current economic conditions.
EXCLUSIVE: Tinubu-Linked Alpha-Beta Sets ₦2.83 Trillion Lagos Tax Target for 2026 Amid Economic Hardship An internal planning document obtained by SaharaReporters reveals that Alpha-Beta Consulting LLP, a firm long linked to President Bola Tinubu, has set an ambitious ₦2.83 trillion tax revenue target for Lagos State in 2026—more than double the state’s previous collections. The projection comes amid rising inflation, business closures, job losses, and growing public distrust of government tax policies. While Lagos generated about ₦1.41 trillion in tax revenue as of October 2025, Alpha-Beta’s 2026 target signals a more aggressive revenue drive that could intensify enforcement and pressure on struggling businesses. The document also exposes operational challenges within the firm, including power outages, network failures, weak monitoring systems, and difficulties tracking distressed companies, raising questions about the feasibility and social impact of the ambitious tax target under current economic conditions.
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