Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,148,676 members, 7,801,949 topics. Date: Friday, 19 April 2024 at 06:41 AM

Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. (1178 Views)

2018 Proposed Budget In Summary! / Lagos Targets N1trn Yearly Budget In Two Years / Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. (2) (3) (4)

(1) (Reply) (Go Down)

Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 3:27pm On Jul 25, 2016







To increase monthly revenue to N30bn by next year, N50bn in 2018

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://guardian.ng/news/lagos-targets-n1trn-yearly-budget-in-two-years/






Eko o ni baje o...
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 3:31pm On Jul 25, 2016
In fact, I see Lagos state posting larger yearly budget than Nigeria as a country...

It's just a matter of time..

1 Like

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by TippyTop(m): 3:38pm On Jul 25, 2016
If only there was resource control, most ND states would have been rocking Dubai by now.
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by seunmsg(m): 3:39pm On Jul 25, 2016
Very ambitious plan by the governor. Ambode is really in a world of his own, no rival, no competition. He is just thinking ahead of all others.

Lagos state government should also consider and adopt the TSA revenue collecting system, it will seriously help them in blocking revenue leakages and increasing the state's overall revenue generation.

1 Like

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 3:40pm On Jul 25, 2016
[img]http://1.bp..com/-y4aI4Elmh-g/TXbil53VnoI/AAAAAAAAEcU/qZ6SX1P_wFA/s1600/1.jpg[/img]


Gov Fashola Commissions Digital Mapping/Geographic Information System Project


http://www.pmnewsnigeria.com/2011/03/08/gov-fashola-commissions-digital-mappinggeographic-information-system-project/





The land administration system, the Geographic Information System (GIS)


One of the tools and IGR generating method is the application of the Geographic Information System (GIS) which was 1st in Nigeria when the system was built and commissioned by his predecessor, Fashola.

This is a great example where some sensible and visionary Leaders lay down strong foundation for future leaders to build and thrive on..


This is one thing I love about Lagos state, there's no shortage of credible, competent, visionary and productive leaders..

1 Like

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by 9jatriot(m): 3:40pm On Jul 25, 2016
Meaning the tax regime non go be here.
If you non get job and you still de lagos after hearing this news you are OYO.
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 3:45pm On Jul 25, 2016
9jatriot:
Meaning the tax regime non go be here.
If you non get job and you still de lagos after hearing this news you are OYO.


You shouldn't have any issue if you are not a tax dodger and if you are jobless, there is nothing to tax.
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by kayfra: 3:47pm On Jul 25, 2016
TippyTop:
If only there was resource control, most ND states would have been rocking Dubai by now.





They seem more likely to be rocking Afghanistan with their violent tendencies barring a few tribes in the Area Ibom/Cross Rivers axis.

2 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by LORDOFAFONJAS: 3:50pm On Jul 25, 2016
Aggressive tax system loading.............. God have mercy on your people cry
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by TippyTop(m): 3:51pm On Jul 25, 2016
kayfra:


They seem more likely to be rocking Afghanistan with their violent tendencies barring a few tribes in the Area Ibom/Cross Rivers axis.

Why do your kind always feel threatened when the issue of resource control is raised?
Imagine the IGR if we were only paying taxes to fed govt so we can retain our resources.
Our IGR would shoot through the roof if given the chance.

1 Like

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by Tokety7: 3:55pm On Jul 25, 2016
Pathetic souls will soon come online to declare that the reason why this is so is because of ibo businesses.

3 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 4:02pm On Jul 25, 2016
TippyTop:
If only there was resource control, most ND states would have been rocking Dubai by now.



Resource control doesn't determine progress and development especially in the absence of good, credible, competent and visionary leaders.


Of what relevance is resource control when there is still zero development with huge allocations, derivations, NDDC and all the other benefits that the rest of the country doesn't get?

What kind of leaders do they have in the Delta?

Ibori

Alams

Odili

Uduaghan

Goodluck Jonathan

Akpabio


One is still in jail for looting the state dry

One was an ex convict, international fugitive and also looted his state dry

Uduaghan left behind the largest state debt in the history of Nigeria @ N700 billion

Odili's case is still pending with the EFCC

Goodluck Jonathan didn't build ordinary dog cage when he was the governor in Bayelsa

Akpabio did not build more than 4 major projects apart from few roads and 1 flyover.



Sadly with all the huge funds that flowed into that region, they all have less than 5 million people in each state, but still nothing to show for all that money so this is not about resources control, it's about bad and corrupt leaders..

7 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by kayfra: 4:07pm On Jul 25, 2016
TippyTop:

Why do your kind always feel threatened when the issue of resource control is raised?
Imagine the IGR if we were only paying taxes to fed govt so we can retain our resources.
Our IGR would shoot through the roof.

I am sure you won't recognize a real threat when one stares you in the face. Someone is relaying your tendencies to you and somehow you think the person feels threatened. Can you show me something, anything, you guys have not managed to run aground? Only Edo (technically not Niger Delta) and the folks I mentioned in my earlier post seem to have managed a civilization. Majority of the folks there just want easy money, get drunk and repeat. Zero sense of self preservation. All they do is blow sh.it up.

4 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by LORDOFAFONJAS: 4:09pm On Jul 25, 2016
kayfra:


I am sure you won't recognize a real threat when one stares you in the face. Someone is relaying your tendencies to you and somehow you think the person feels threatened. Can you show me something, anything, you guys have not managed to run aground? Only Edo (technically not Nigeria Delta) and the folks I mentioned in my earlier post seem to have managed a civilization. Majority of the folks there just want easy money, get drunk and repeat. Zero sense of self preservation. All they do is blow sh.it up.
sharrap there, we are NIGER DELTANS. undecided
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by ba7man(m): 4:13pm On Jul 25, 2016
TippyTop:

Why do your kind always feel threatened when the issue of resource control is raised?
Imagine the IGR if we were only paying taxes to fed govt so we can retain our resources.
Our IGR would shoot through the roof.
Which Millitant, kidnapper, pirate or oil bunkerer will you approach to pay tax that won't blow your head up?

2 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by ba7man(m): 4:16pm On Jul 25, 2016
aresa:




Resource control doesn't determine progress and development especially in the absence of good, credible, competent and visionary leaders.


Of what relevance is resource control when there is still zero development with huge allocations, derivations, NDDC and all the other benefits that the rest of the country doesn't get?

What kind of leaders do they have in the Delta?

Ibori

Alams

Odili

Uduaghan

Goodluck Jonathan

Akpabio


One is still in jail for looting the state dry

One was an ex convict, international fugitive and also looted his state dry

Uduaghan left behind the largest state debt in the history of Nigeria @ N700 billion

Odili's case is still pending with the EFCC

Goodluck Jonathan didn't build ordinary dog cage when he was the governor in Bayelsa

Akpabio did not build more than 4 major projects apart from few roads and 1 flyover.



Sadly with all the huge funds that flowed into that region, they all have less than 5 million people in each state, but still nothing to show for all that money so this is not about resources control, it's about bad and corrupt leaders..
Don't worry about the Niger Delta, the NDA will help turn the region to Dubai. cool

5 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by ZeroTolerance: 4:17pm On Jul 25, 2016
With the way the Naira is going under the dulard called Buhari, that might not be a problem.
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 4:26pm On Jul 25, 2016
ZeroTolerance:
With the way the Naira is going under the dulard called Buhari, that might not be a problem.



Tell us what your villages are like under your lazy, corrupt and incompetent and unproductive governors?


What have they done to make your economically depressed, unproductive villages to make them economically and socially conducive to prevent your past, present and future generations from fleeing to other parts of Nigeria for their daily bread..


The joke is always on you..

3 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by mrvitalis(m): 4:28pm On Jul 25, 2016
Nigeria as a country have no excuse of generating less than 60 billion dollars from tax alone, based on the value of our GDP ... But that's not the case because we thought oil was better
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by sarrki(m): 4:29pm On Jul 25, 2016
Eko onibaje , Igba yen Lada egbe Kan sile bi Wan te ba de Rika
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by sarrki(m): 4:31pm On Jul 25, 2016
aresa:




Resource control doesn't determine progress and development especially in the absence of good, credible, competent and visionary leaders.


Of what relevance is resource control when there is still zero development with huge allocations, derivations, NDDC and all the other benefits that the rest of the country doesn't get?

What kind of leaders do they have in the Delta?

Ibori

Alams

Odili

Uduaghan

Goodluck Jonathan

Akpabio


One is still in jail for looting the state dry

One was an ex convict, international fugitive and also looted his state dry

Uduaghan left behind the largest state debt in the history of Nigeria @ N700 billion

Odili's case is still pending with the EFCC

Goodluck Jonathan didn't build ordinary dog cage when he was the governor in Bayelsa

Akpabio did not build more than 4 major projects apart from few roads and 1 flyover.



Sadly with all the huge funds that flowed into that region, they all have less than 5 million people in each state, but still nothing to show for all that money so this is not about resources control, it's about bad and corrupt leaders..

Bros your head dey there! !!
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 4:31pm On Jul 25, 2016
ba7man:
Don't worry about the Niger Delta, the NDA will help turn the region to Dubai. cool




This is how they blow up their land to turn it into Dubai..


Their leaders pay them to blow up pipelines, destroy their land just to secure pipeline repair contract to repair the same pipeline they destroyed and hire the same dumb and clueless youths to blow it up again for repair contracts..


And they only get paid small change for destroying their land..

4 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by ZeroTolerance: 4:40pm On Jul 25, 2016
aresa:
Tell us what your villages are like under your lazy, corrupt and incompetent and unproductive governors?


What have they done to make your economically depressed, unproductive villages to make them economically and socially conducive to prevent your past, present and future generations from fleeing to other parts of Nigeria for their daily bread..


The joke is always on you..


E pain you scatter.

Why do all Youbas claim to be from Lagos?
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by ZeroTolerance: 4:42pm On Jul 25, 2016
aresa:

[s]Tell us what your villages are like under your lazy, corrupt and incompetent and unproductive governors?


What have they done to make your economically depressed, unproductive villages to make them economically and socially conducive to prevent your past, present and future generations from fleeing to other parts of Nigeria for their daily bread..


The joke is always on you.. [/s]


E pain you scatter.

Why do all Yorubas claim to be from Lagos?
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 4:55pm On Jul 25, 2016
[s]
ZeroTolerance:
E pain you scatter.

Why do all Yorubas claim to be from Lagos?
[/s]



I don't even remember where I claimed to be from Lagos.

ignorant can't read and comprehend simple English illiterate.

2 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by seunmsg(m): 8:13am On Jul 26, 2016
ZeroTolerance:
With the way the Naira is going under the dulard called Buhari, that might not be a problem.

While your state governor is waiting for monthly handout from the federation account, another state governor is planning on how to be self sufficient from IGR and all you can do is hate. Shm bro.

2 Likes

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by omenka(m): 8:39am On Jul 26, 2016
aresa:
In fact, I see Lagos state posting larger yearly budget than Nigeria as a country...

It's just a matter of time..
You too get mouth. cheesy
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by omenka(m): 8:40am On Jul 26, 2016
seunmsg:


While your state governor is waiting for monthly handout from the federation account, another state governor is planning on how to be self sufficient from IGR and all you can do is hate. Shm bro.
Na wa for you oo!! Haven't you heard that hatred boosts IGR in Uganda

1 Like

Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by seunmsg(m): 8:49am On Jul 26, 2016
omenka:
Na wa for you oo!! Haven't you heard that hatred boosts IGR in Uganda

grin grin grin
Re: Ambode: News Lagos Targets N1trn Yearly Budget In Two Years. by aresa: 5:28pm On Jul 26, 2016
omenka:
Na wa for you oo!! Haven't you heard that hatred boosts IGR in Uganda


grin grin grin

1 Like

(1) (Reply)

Nigeria's Technology Will Be Manned By Igbos When I Become President / Nigeria Will Soon Come Out Of Recession, Kumuyi Assures / Another gallant Officer Lost To Boko Haram

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 57
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.