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Lagos State tax on game deduction applies to net winnings from licensed operators
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5% to be remitted directly to Lagos State Internal Revenue Service
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Players must provide National Identity Management Commission-issued NIN for compliance
The Lagos State Government has commenced the implementation of a five percent Withholding Tax (WHT) on gaming winnings in the state, in line with applicable tax laws and regulatory directives.
Under the new framework, the 5% deduction applies to net winnings from licensed gaming platforms operating within Lagos.
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The tax will be deducted at the point of payout and remitted directly to the Lagos State Internal Revenue Service (LIRS).
All licensed gaming operators have been directed to comply immediately. Players are also required to provide their National Identification Number (NIN) as part of Know Your Customer (KYC) requirements.
According to the state government, the move is aimed at strengthening tax compliance, transparency, and accountability in the rapidly growing gaming sector.
The deducted WHT will serve as a tax credit for players, while operators are responsible for maintaining proper records and ensuring remittances align with regulatory standards.