The Lagos State government will reduce dependence on federal allocation and increase its Internally Generated Revenue (IGR) to N30bn monthly in 2017 and N50bn monthly in 2018, and hit a yearly budget of N1trn by 2018.

It also said it will scale up and run efficient revenue collection machinery through the convergence of operations of Ministries, Departments and Agencies (MDAs) and utilisation of cutting edge technologies.

This was disclosed at a four-day retreat for members of the State Executive Council, body of Permanent Secretaries and heads of government agencies and parastatals at the VIP Chalets in Badagry.

In a communiqué issued at the end of the retreat themed, Reflect, Reappraise, Restrategise: Raising the Bar of Governance, the government said participants intensively deliberated on the six pillars of Lagos State Development Plan (LSDP), which are infrastructural development, sustainable environment, finance, economic development, social development and security and governance.


Speaking on the budget goal, Lagos State Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade, said though the target is ambitious, measures were being adopted to achieve it.

He said: "It requires thinking and what we are going to do differently is ensure that we use technology to drive it, in terms of automation and collection. What we are also going to ensure is that the whole reform around consumption taxes is taken to another level.

"The land administration system, the Geographic Information System (GIS), will support this initiative. We believe that once we are through with the automation of the processes, reform in the consumption tax administration in the state, and blocking of all loopholes, we will have the right funding to finance all these plans. And we will not forget one critical fact, which is that all is about Public Private Partnership because we are also going to use that to drive implementation of our plan."

http://odili.net/news/source/2016/jul/25/1.html

Great expectations!
More funding for DAWN.

Eko oni baje.

Increasing tax

And here is another state governor whose passion is Ponmo. How Ekiti the fountain of knowledge ended up with this clown is still a mystery to sane minds. Shame

hmmm

Lagos...Moving Forward

Ambo ATI dey.

Lagos State is always the Pace setter in developmental strides, i believe the state has got what it takes to achieve it.

.

Lagos State is the MVP!

If other states would look inwards to what they can derive from IGR, this nation would have accelerated development but the parasitic north will never allow resource control to see the light of the day!

Post No Bill

Yea they can meet the target... lasgidi's one month revenue equals london's 1 year revenue... that's why lagos remains one of the most populous state or should I say city in Africa.. and thank God the state has a good and competent governor to handle those revenues unlike one ponmo cutter... #justsaying#

.
Itesiwaju eko lo jewa logun!

blacktwist:
Yea they can meet the target... lasgidi's one month revenue equals london's 1 year revenue... that's why lagos remains one of the most populous state or should I say city in Africa.. and thank God the state has a good and competent governor to handle those revenues unlike one ponmo cutter... #justsaying#

Too early to smoke that stuff

Lagos the only country inside a country..

Wow good[b] BUT
[/b]






Remember does who work for it {civil servant}

BlackSeptember:
Too early to smoke that stuff

my brother the thing wey pain me be say na garri im drink sleep yesterday.

proud to be a Southwesterner not like other state in ..... that focus on destroying their future cos of BUHARI which I believe that there children will never forgive them in future

blacktwist:
Yea they can meet the target... lasgidi's one month revenue equals london's 1 year revenue... that's why lagos remains one of the most populous state or should I say city in Africa.. and thank God the state has a good and competent governor to handle those revenues unlike one ponmo cutter... #justsaying#

Are you serious? Please give us a link to verify this claim.

Hope the plan isn't to increase the levy of those he banned from selling on the road side?

If only other states could make this their priority too. But...

IT'S ACHIEVABLE I KNOW BECAUSE I TRUST AMBODE

joborskill:
And here is another state governor whose passion is Ponmo. How Ekiti the fountain of knowledge ended up with this clown is still a mystery to sane minds. Shame

Rotflmao!!

obembet:
proud to be a Southwesterner not like other state in ..... that focus on destroying their future cos of BUHARI which I believe that there children will never forgive them in future

see this parasite go nd develop ur osun

matamaros:
IT'S ACHIEVABLE I KNOW BECAUSE I TRUSTED AMBODE

Present or past tense?

Abeg see government wey sabi. Ride on Ambo. Eko o Ni baje.

Deatheater:

Present or past tense?

I MEAN TRUST THANKS FOR DETECTING THE ERROR