Commissioner for Economic Planning and Budget, Sam Egube, disclosed this on Thursday, during a ministerial press briefing to mark the second anniversary of Governor Bababjide Sanwo-Olu-led administration in the state, held in Alausa, Ikeja.

This, he said, was according to April 16, 2021, the report by the National Bureau of Statistics (NBS). This makes Lagos the highest contributor to the federal purse.

Egube said: “This report shows that we are on course. It is clear proof that the ‘THEMES AGENDA’ of the Governor Babajide Sanwo-Olu-led administration is an operational tool that is correctly aligned to our long-term development plan, and hooked up into our Medium Sector Strategy.”

“The THEMES AGENDA remains strong, and all its elements remain relevant. Even in the heart of the pandemic, the pillars held through. It was like Mr. Governor saw the future, despite the headwinds that came against the pillars, such as the health pandemic and the economic downturn, which lead to a revised budget and other tactical maneuvers against the COVID-19 pandemic.”

The commissioner added that the Lagos State Development Plan (LSDP), which encompasses the State Economic Development Policy and guided by the State Development Plan (2012-2025), has been improved on and expanded to a 30-year Development Plan (2021-2051).

“This new perspective plan is necessary to ‘encourage citizens participation (Build Team Lagos); develop our people to drive productivity and protect the vulnerable (Building our Future); drive Lagos readiness and openness for Business (Building our Economy); optimising relevant infrastructure to support our growth (Building our 21st Century Mega-City) and engaging intergovernmental partnership; all these are aimed at improving the quality of lives of Lagosians.

“The LSDP sits at the apex of the planning and budgetary system of the state. The document provides an overall direction for the growth and development of Lagos State. It also provides a framework through which all sectors of the economy can direct their energies and contribute to the improvement of the quality of life of people,” Ebube stated

FarahAideed:
Lagos has come with this one dimensional data again which when put under the spot light always reveals 36 dimensions to it ..Well I am a certified Lagosian and the city has been a great blessing to me in many way so I will always wish her well ..Eko Oni Baje!!!!

Simplyleo:
[s][/s]
429b is more than double what the combination of Enugu, Anambra, Abia, Ebonyi and Imo contribute in 2 years.

FarahAideed:
Lagos has come with this one dimensional data again which when put under the spot light always reveals 36 dimensions to it ..Well I am a certified Lagosian and the city has been a great blessing to me in many way so I will always wish her well ..Eko Oni Baje!!!!

FarahAideed:


Lagos has come with this one dimensional data again which when put under the spot light always reveals 36 dimensions to it ..

Well I am a certified Lagosian and the city has been a great blessing to me in many way so I will always wish her well ..Eko Oni Baje!!!!

SmartPolician:


This part of your comment is unnecessary

Are you saying the state is lying against the federal government?

Who will scrutinize it, BTW?

What will it take you to congratulate them and walk away?

Simplyleo:
[s][/s]
429b is more than double what the combination of Enugu, Anambra, Abia, Ebonyi and Imo contribute in 2 years.

sarrki:
Eko onibaje

The reason why we will guide Lagos jealously

Lagos is 50% of Nigeria

Thank you � to all former governors of Lagos

Most especially the architect of Lagos blueprint

Asiwaju God bless you

Simplyleo:
[s][/s]
429b is more than double what the combination of Enugu, Anambra, Abia, Ebonyi and Imo contribute in 2 years.

FarahAideed:
Lagos has come with this one dimensional data again which when put under the spot light always reveals 36 dimensions to it ..Well I am a certified Lagosian and the city has been a great blessing to me in many way so I will always wish her well ..Eko Oni Baje!!!!

winterfell007:


You are obviously myopic. You are comparing Lagos economy that's considered as Naija's defacto commercial nerve center to Abia and Imo economy? You are really cynical. Should Lagos be competing with cities who's population aren't even up to 10 million. Be there and forming 'Local Champion'. Lagos is a mega city and should be competing with the likes of Johannesburg, Tokyo, New York, Shanghai and London who are as well considered mega cities due to their population and huge economy. Lagos is a melting pot. Everyone comes down to Lagos and contributes to her burgeoning economy, just the same way London, Tokyo and Johannesburg are melting pots for their respective countries
Have you ever heard Tokyo competing with her sister region like Ossawa? Have you heard that London is competing with Leed city or New York competing with the state of Michigan? Give yourself brain. You should be
ashamed of making that comparism. Lagos is punching far below her belt when compared with other cities who share 'mega city' status with her. Better give yourself brain

winterfell007:


You are obviously myopic. You are comparing Lagos economy that's considered as Naija's defacto commercial nerve center to Abia and Imo economy? You are really cynical. Should Lagos be competing with cities who's population aren't even up to 10 million. Be there and forming 'Local Champion'. Lagos is a mega city and should be competing with the likes of Johannesburg, Tokyo, New York, Shanghai and London who are as well considered mega cities due to their population and huge economy. Lagos is a melting pot. Everyone comes down to Lagos and contributes to her burgeoning economy, just the same way London, Tokyo and Johannesburg are melting pots for their respective countries
Have you ever heard Tokyo competing with her sister region like Ossawa? Have you heard that London is competing with Leed city or New York competing with the state of Michigan? Give yourself brain. You should be
ashamed of making that comparism. Lagos is punching far below her belt when compared with other cities who share 'mega city' status with her. Better give yourself brain

ImmaculateJOE:

You need to understand that Anambra State government remit very little of the revenue they generate, they corner the money to themselves.
That's why they are constructing the Anambra International Cargo Airport without borrowing a dime from anybody. And also they have low debt profile compared to even the Almighty Lagos State.

Is like saying that I'm poor because I don't donate much during Church launching.

Lastly FG will use that N429 billion to rehabilitate repentant Boko Haram members and pay ransom to Bandit.