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Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation - Politics - Nairaland

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Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by zstranger: 2:46pm On Apr 30, 2011
http://odili.net/news/source/2011/apr/29/315.html


Lagos recovers N20bn from tax defaulters
News    Friday, April 29, 2011


By Monsur Olowoopejo

LAGOS -THE Lagos State Government, yesterday, said that it was able to rake in over N20 billion through tax audit exercise in 2010, adding that it was also able to increase the number of companies remitting tax to its coffers from 17,491 in 2009 to 18,148 in the year under review

This was disclosed by the Special Adviser to the Governor on Taxation and Revenue, Mr. Ade Ipaye, during the 2011 ministerial press briefing to commemorate the fourth year in office of Governor Babatunde Fashola.

Ipaye said, "the fund recovered has provided the state with the opportunity to be less reliant on the allocation from the Federation Account. It also provided the state government with the needed funds to implement developmental projects across the state."

The Special Adviser added that the state government through its Internal Revenue Service, LIRS, recognised four individuals and six corporate bodies for distinguishing themselves in tax compliance.

According to him, the N20 billion that was raised by the LIRS was due to the LIRS redefined civil and globally approved strategies adopted to bring more taxable firms and individuals into the state's tax net.

"The year in review has been interesting one as the Lagos state government continued in its efforts to increase the revenue without imposing a harsh burden on individual and corporate tax_payers.

This we have done by further improving the efficiency of our collection processes and extending the tax net so as to bring in more people who should be paying but were not."

Ipaye also stated that the state government in 2010 recognized in a special way four individuals and six corporate bodies for their exemplary tax compliance.
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by Afam4eva(m): 2:50pm On Apr 30, 2011
We've heard that Lagos is a yoruba state. Nobody is dragging it with you.
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by seanet02: 2:58pm On Apr 30, 2011
afam4eva:

[s]We've heard that Lagos is a yoruba state. Nobody is dragging it with you[/s].
Na lie go kill you!!
Lagos is an Ibo State and Nobody i repeat nobody can take it away fro, Them!!
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by ektbear: 3:05pm On Apr 30, 2011
These other ACN governors had better find ways to increase IGR too.
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by seanet02: 3:15pm On Apr 30, 2011
ekt_bear:

These other ACN governors had better find ways to increase IGR too.
Of course!!
I think Ogun and Oyo are in better positions than Osun and Ekiti because of the level of their Industrialization and proximity to Lagos if they have the initiative. though i trust Fayemi and Aregbe will aslo not dissapoint.
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by seanet02: 3:21pm On Apr 30, 2011
I know Fayemi won't dissapoint.
Have already start putting measures in place.
Just Read the Bolded and you will know the Difference in ACN Governors

http://www.tribune.com.ng/index.php/features/17083-ekiti-as-fayemi-gives-new-style-to-governance-

Dude know Agriculture is also a very good source of increasing IGR

On assumption of office in October last year following the Appeal Court verdict, Governor Kayode Fayeimi did not hide the fact that he had an enormous challenge at hand. The Fayemi-led administration literally rolled up its sleeves with an eight point socio-economic blue print for the recovery of the health of the state and to arrest the underdevelopment the state had suffered. The economic agenda focuses on stimulating growth and development in the agriculture sector, infrastructure, transportation, health, education, housing, tourism, and other areas.The overriding policy objectives of the administration are geared towards a general reduction in poverty level of the citizens through job creation and youth and women empowerment, widening the state economic base through the promotion and support for small and medium scale enterprises, creating a conducive atmosphere for public – private partnership, fiscal discipline, continuous improvement of the education sector, improving the revenue base of the 14-year-old state, among others.[b]To achieve these lofty goals, the administration embarked on the review of state expenditure priorities with a view to reducing recurrent costs. From 20 per cent cost of financing in October 2010, Governor Fayemi has brought the cost down to the current 13 per cent, to facilitate growth and reduce poverty among the citizenry.The Dr Fayemi-led government resorted to the use of internal control mechanism by blocking all loopholes in government coffers thus reducing the cost of governance. Perturbed by the heavy dependence of the state on hand outs from the Federation Account which constitute about 90 per cent, the new government felt the need to strengthen Internally Generated Revenue (IGR) drive. To achieve this, the new administration introduced Direct Bank Lodgement Systems (DBLS). The thrust intends to reduce leakage of government revenue, reinforce the nexus between revenue generation and service delivery thereby ensuring improved accountability and transparency in financial management and financial control. These steps, which have been widely applauded, are gradually yielding positive results.[/b]

A New Dawn in Education
The governor began bridging the gap between electoral promises and delivery in the education sector with the drastic downward review of tuition fees in the tertiary institutions in the state. He pegged the maximum of N50,000 as payable tuition. This is having in mind the potency of education as a medication as a catalyst for growth and development.

Also in line with its policy of free education up to SS3 level, the Fayemi-led administration has also gone a step further with the conclusion of payment for Unified Tertiary Matriculation Examination (UTME) forms for Ekiti State students who have a total of six credits passes including English Language and Mathematics at a sitting in either West Africa Senior School Certificate of Examination (WASSCE) or the National Examination Council (NECO).

An independent task force/visitation panel, as a prelude to a proposed education summit, has been inaugurated, among other strides in the sector.

Agricultural development
[b]According to the state Commissioner for Finance, Budget and Economic Development, Mr Kolawole Oladapo, Governor Fayemi recognised agriculture as the mainstay of the economy and therefore, planned to make the sector a veritable source of revenue and sustainable employment, food security, provision of industrial raw materials and poverty alleviation.Within the first 100 days in office, Fayemi’s administration has initiated the following in the sector: agricultural/community skill training centres in all the 16 local government areas to train youths in sericulture, poultry, fishery and arable crops; cluster farming - which is the provision of 100 hectares of land by each local government areas to empower 20 farmers each in the councils; Commercial Agric Credit Scheme (CACS) loan to be disbursed to farmers through a commercial bank; development of irrigation sites at Ero Egbe and Itapaji dams to assist at least 500 farmers; forest regeneration and establishment of two farm settlements in each of the three senatorial district in the state, among many others. Before the advent of the present government, one of the state’s assets, the Ikun Dairy Farm, had been riddled with crisis for lack of specific policy direction on how to revitalise the outfit.[/b]

However, the Fayemi-led government has given directive to reposition the farm for optimum efficiency. Arrangements have been made for a full and effective privatisation of the facility.

Infrastructural Development
The present administration considers the development of road, water, electricity and allied infrastructure in the state a priority. To underscore its seriousness in this direction, the government has embarked on the completion of on-going road projects such as: Erinjiyan –Ilawe road, Ayede – Gede – Omu road, and Osun – Iloro road, to mention just a few.

It has also gone ahead with the repair of numerous roads, just as it has classified roads in the state into major and secondary roads for efficient implementation of its road development agenda. Repair works on the secondary roads, eleven in all, are currently being handled by the Ekiti Kete Maintenance Agency. Some of the major roads include Omolayo – University Teaching Hospital, Ijigbo – Baptist College (Ilawe road) and Fajuyi – Trade Fair roads to mention a few.

Other projects receiving the attention of the administration include the renovation of Oluyemi Kayode Stadium, construction of a twin-Building secretariat complex as well as the construction of the Deputy Governor’s Office.

In his bid to actualise his promise of potable water to the citizenry, the Dr Fayemi-led government has improved the output of existing water works and also set machinery in motion for the rehabilitation of abandoned water works just as contract for the supply and installation of high lift pumps for eight communities has been awarded. Reservoirs have been constructed in some communities and extension of water pipelines within Ado-Ekiti and other high density areas has also been undertaken within the first 100 days of the new government. These water projects, no doubt, will boost the health of Ekiti citizens and residents and by extension their productive capacities.

In the area of electricity supply, the administration has procured 100 units of transformers, which are currently being installed across the state, electrifying towns and villages that were hitherto not connected to the national grid. Some of these communities are Irele and Otunja in Ikole Local Government Area of the state.

The State Government has also put in place appropriate measures to establish Technology Incubation Centres and Industrial Parks in the 3 Senatorial Districts of the State. These facilities are to lessen the burden of putting up infrastructures by small and medium scale enterprises and reduce to the barest minimum the cost of setting up new businesses in the State.
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by isalegan2: 3:45pm On Apr 30, 2011
Glad to hear something is working. 

Lagos, and Nigeria as a whole, has always faced a lot of difficulties when it comes to revenue collecting.  A lot of people, and businesses, just don't seem to feel they get their money's worth in services from the government and so are not inclined to pay their taxes.
Re: Why A Yoruba State, Lagos, Is Now Less Reliant On Federal Allocation by olaolabiy: 4:43pm On Apr 30, 2011
seanet02:

I know Fayemi won't dissapoint.
Have already start putting measures in place.
Just Read the Bolded and you will know the Difference in ACN Governors

http://www.tribune.com.ng/index.php/features/17083-ekiti-as-fayemi-gives-new-style-to-governance-

Dude know Agriculture is also a very good source of increasing IGR

On assumption of office in October last year following the Appeal Court verdict, Governor Kayode Fayeimi did not hide the fact that he had an enormous challenge at hand. The Fayemi-led administration literally rolled up its sleeves with an eight point socio-economic blue print for the recovery of the health of the state and to arrest the underdevelopment the state had suffered. The economic agenda focuses on stimulating growth and development in the agriculture sector, infrastructure, transportation, health, education, housing, tourism, and other areas.The overriding policy objectives of the administration are geared towards a general reduction in poverty level of the citizens through job creation and youth and women empowerment, widening the state economic base through the promotion and support for small and medium scale enterprises, creating a conducive atmosphere for public – private partnership, fiscal discipline, continuous improvement of the education sector, improving the revenue base of the 14-year-old state, among others.[b]To achieve these lofty goals, the administration embarked on the review of state expenditure priorities with a view to reducing recurrent costs. From 20 per cent cost of financing in October 2010, Governor Fayemi has brought the cost down to the current 13 per cent, to facilitate growth and reduce poverty among the citizenry.The Dr Fayemi-led government resorted to the use of internal control mechanism by blocking all loopholes in government coffers thus reducing the cost of governance. Perturbed by the heavy dependence of the state on hand outs from the Federation Account which constitute about 90 per cent, the new government felt the need to strengthen Internally Generated Revenue (IGR) drive. To achieve this, the new administration introduced Direct Bank Lodgement Systems (DBLS). The thrust intends to reduce leakage of government revenue, reinforce the nexus between revenue generation and service delivery thereby ensuring improved accountability and transparency in financial management and financial control. These steps, which have been widely applauded, are gradually yielding positive results.[/b]

A New Dawn in Education
The governor began bridging the gap between electoral promises and delivery in the education sector with the drastic downward review of tuition fees in the tertiary institutions in the state. He pegged the maximum of N50,000 as payable tuition. This is having in mind the potency of education as a medication as a catalyst for growth and development.

Also in line with its policy of free education up to SS3 level, the Fayemi-led administration has also gone a step further with the conclusion of payment for Unified Tertiary Matriculation Examination (UTME) forms for Ekiti State students who have a total of six credits passes including English Language and Mathematics at a sitting in either West Africa Senior School Certificate of Examination (WASSCE) or the National Examination Council (NECO).

An independent task force/visitation panel, as a prelude to a proposed education summit, has been inaugurated, among other strides in the sector.

Agricultural development
[b]According to the state Commissioner for Finance, Budget and Economic Development, Mr Kolawole Oladapo, Governor Fayemi recognised agriculture as the mainstay of the economy and therefore, planned to make the sector a veritable source of revenue and sustainable employment, food security, provision of industrial raw materials and poverty alleviation.Within the first 100 days in office, Fayemi’s administration has initiated the following in the sector: agricultural/community skill training centres in all the 16 local government areas to train youths in sericulture, poultry, fishery and arable crops; cluster farming - which is the provision of 100 hectares of land by each local government areas to empower 20 farmers each in the councils; Commercial Agric Credit Scheme (CACS) loan to be disbursed to farmers through a commercial bank; development of irrigation sites at Ero Egbe and Itapaji dams to assist at least 500 farmers; forest regeneration and establishment of two farm settlements in each of the three senatorial district in the state, among many others. Before the advent of the present government, one of the state’s assets, the Ikun Dairy Farm, had been riddled with crisis for lack of specific policy direction on how to revitalise the outfit.[/b]

However, the Fayemi-led government has given directive to reposition the farm for optimum efficiency. Arrangements have been made for a full and effective privatisation of the facility.

Infrastructural Development
The present administration considers the development of road, water, electricity and allied infrastructure in the state a priority. To underscore its seriousness in this direction, the government has embarked on the completion of on-going road projects such as: Erinjiyan –Ilawe road, Ayede – Gede – Omu road, and Osun – Iloro road, to mention just a few.

It has also gone ahead with the repair of numerous roads, just as it has classified roads in the state into major and secondary roads for efficient implementation of its road development agenda. Repair works on the secondary roads, eleven in all, are currently being handled by the Ekiti Kete Maintenance Agency. Some of the major roads include Omolayo – University Teaching Hospital, Ijigbo – Baptist College (Ilawe road) and Fajuyi – Trade Fair roads to mention a few.

Other projects receiving the attention of the administration include the renovation of Oluyemi Kayode Stadium, construction of a twin-Building secretariat complex as well as the construction of the Deputy Governor’s Office.

In his bid to actualise his promise of potable water to the citizenry, the Dr Fayemi-led government has improved the output of existing water works and also set machinery in motion for the rehabilitation of abandoned water works just as contract for the supply and installation of high lift pumps for eight communities has been awarded. Reservoirs have been constructed in some communities and extension of water pipelines within Ado-Ekiti and other high density areas has also been undertaken within the first 100 days of the new government. These water projects, no doubt, will boost the health of Ekiti citizens and residents and by extension their productive capacities.

In the area of electricity supply, the administration has procured 100 units of transformers, which are currently being installed across the state, electrifying towns and villages that were hitherto not connected to the national grid. Some of these communities are Irele and Otunja in Ikole Local Government Area of the state.

The State Government has also put in place appropriate measures to establish Technology Incubation Centres and Industrial Parks in the 3 Senatorial Districts of the State. These facilities are to lessen the burden of putting up infrastructures by small and medium scale enterprises and reduce to the barest minimum the cost of setting up new businesses in the State.

Thanks for this.

This is what we need not some highfalutin idea that will never see the light of day.

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