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Wednesday, April 25, 2018

Lagos Govt. Generates N141.96 Billion Revenue In The First Quarter of 2018

Lagos State Commissioner for Economic Planning and Budget, Mr Olusegun Banjo, on Tuesday said the state recorded a revenue of N141.96 billion in the first quarter of 2018.





Banjo said this at the ongoing ministerial briefing to mark Gov. Akinwunmi Ambode’s third year in office at Alausa, Lagos. Banjo said the figure represented an increase of 63 per cent against the N124.14 billion achieved in the corresponding period of 2017.


According to him, the budget also recorded an increase of N17.82 billion over the 2017 figure. Banjo said the state recorded N103.48 billion in absolute Terms and Internally Generated Revenue (TIGR) in 2018, representing an increase of 73 per cent over N96.78 recorded in 2017.


Banjo noted that the Lagos Internal Revenue Service (LIRS) generated N84.19 billion in the first quarter of 2018, which accounted for 81 per cent of TIRG and 59 per cent in total revenue compared to N74.55 billion in 2017.

From pm news

4 comments:

  1. There is something I don't like about Lagos now and also Mr Gov...since he has introduced the Cleaner Lagos whatever,Lagos state has become so dirty .. why Ambode?




    Mc pinky

    ReplyDelete
  2. Good morning all. Please can any one explain to me how i'll get to Akabu osumenyi from Enugu. Thanks.

    ReplyDelete
  3. But of course, from taxing all taxable 😏

    ReplyDelete
  4. Oga Ambo....Lagos is too dirty !!!!!
    #shame

    ReplyDelete

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