Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,486 members, 7,808,777 topics. Date: Thursday, 25 April 2024 at 04:47 PM

Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode (1127 Views)

Lagos State Records N503.7 Billion Internally Generated Revenue For 2017 / FG, States And LGA Share N532.7bn In October / Lagos Generated More IGR Than 30 States Combined In 2016 (2) (3) (4)

(1) (Reply) (Go Down)

Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by quickberry(m): 5:47pm On Jan 11, 2018
Lagos – Gov. Akinwunmi
Ambode of Lagos State on
Thursday said that the state
generated a total of
N503.7billion revenue in 2017
despite the harsh economic
climate in the country.
Ambode spoke at the state’s
first quarter 2018 Town Hall
Meeting in Ikeja.
The governor said that he
would vigorously pursue all
infrastructure projects and
remain focused to the task of
building a virile Lagos.
“Despite the harsh economy,
our state budget performed at
82 per cent.
“Total revenue generated was
N503.7bn representing a
performance of 78 per cent;
total recurrent expenditure
was N281.33bn representing a
performance of 92 per cent,
while total capital expenditure
was N387.60bn or 76 per cent
performance,” the governor
said.
Ambode said that the state
was entering into the New
Year with confidence of being
on a solid prosperity footing,
with interesting prospects for
all Lagosians.
He said it was gratifying that
the support of the people
enabled government to achieve a lot and commence the transformation of the
landscape of the state.
Ambode listed some of the key
projects delivered last year to
include the new Tafawa
Balewa Square Bus Terminal,
new Ojota Pedestrian Bridge,
Aboru-Abesan Link Bridge and
adjoining inner roads.
He cited others as Ojodu
Berger Slip Road and
Pedestrian Bridge; Jubilee
Bridges in Ajah and Abule
Egba; Freedom and Admiralty
Road in Lekki; new Lands
Registry; newly upgraded
Jubilee Chalet in Epe, among
others.
Giving a report of activities of
his administration in the last
quarter, Ambode said the state
government commissioned the
first state-owned DNA Forensic
Centre.
He said that in the coming
weeks, he would sign a
contract to upgrade the facility
to offer toxicology services.
“In fulfilment of our promise to
our students in tertiary
institutions across the state,
this administration disbursed a
total sum of N635.5million to
8,419 students across the
state.
“Our government acquired
healthcare equipment worth
N2.5 billion.
“The equipment will
strengthen the capacity of our
health facilities to render
improved health services and
also facilitate smooth take-off
of the Lagos State Health
Scheme, which is designed to
enable residents enjoy
unfettered access to qualitative
healthcare,’’ he said.
Giving an outlook on 2018,
Ambode promised that he
would sustain the momentum
of development and vigorously
pursue all ongoing projects,
with special focus on health
and education.
The News Agency of Nigeria
(NAN) reports that in the 2018
Appropriation Bill of N1.046
trillion awaiting approval of the House of Assembly, the state government has earmarked N92.676 billion for health, representing 8.86 per cent.
The state also earmarked
N126.302 billion for education,
representing 12.07 per cent of
the budget.
Ambode assured the residents
that the state government, in
the coming weeks, would pay
compensation to all those
whose structures gave way for
construction of the 1.4
kilometre Pen Cinema Flyover/
Bridge.
He said the government would
also pay compensation to
those affected in Igbogbo,
Ikorodu, Owutu and other
areas where construction
activities were ongoing.
The governor, who entertained
questions from residents,
ordered the Public Works
Corporation to immediately
move in to fix bad roads in
Computer Village, Abesan
Estate, Oriade, Abule-Egba,
among other areas.
Ambode also revealed that the
Market Development Board
would be inaugurated in
coming weeks.
He expressed optimism that
when functional, the board
would address issues of
market relocation for
developmental projects, just as
he said that the Onikan
Stadium would be ready in
January 2019.
Ambode urged all taxpayers to
be alive to their responsibility
of fulfilling their obligations to
the state, saying regular
payment of taxes remains the
major source of funding
infrastructures.
He assured the people that the
government, on its part, would
judiciously utilise the taxes to
make life comfortable for the
people.

Source: https://www.vanguardngr.com/2018/01/lagos-generated-n503-7bn-2017-despite-harsh-economy-ambode/
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by BankeSmalls(f): 5:48pm On Jan 11, 2018
grin
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by ChidiAlaigbo: 6:01pm On Jan 11, 2018
The 'oloriburukus' from the Yeast will soon come oooo

5 Likes

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by 9icest: 6:11pm On Jan 11, 2018
It's so glaring, when you have a government that cares about it's people, the government and the people become prosperous. I hope the guy in Ogun can fix my site in Sango. I went to a friends naming in ifo, I was shocked. There was nothing but touts and angry dirty faces in that area. The governor did NOTHING, for the people who gave him the most vote in the last election. I think Ogun state is simply cursed with terrible and pathetic leaders. Even Osibanjo and Buhari best friend, governor Amosu are not pulling any federal favours regarding Lagos Abeokuta expressway. It is well with my wretched state.
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by SalamRushdie: 6:13pm On Jan 11, 2018
Ambode you are a leader with purpose unlike the dullard in Aso Rock
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by BankeSmalls(f): 6:15pm On Jan 11, 2018
9icest:
It's so glaring, when you have a government that cares about it's people, the government and the people become prosperous. I hope the guy in Ogun can fix my site in Sango. I went to a friends naming in ifo, I was shocked. There was nothing but touts and angry dirty faces in that area. The governor did NOTHING, for the people who gave him the most vote in the last election. I think Ogun state is simply cursed with terrible and pathetic leaders. Even Osibanjo and Buhari best friend, governor Amosu are not pulling any federal favours regarding Lagos Abeokuta expressway. It is well with my wretched state.

it's the same story in most Yoruba states, including my state.
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by LionDeLeo: 6:27pm On Jan 11, 2018
Lol.

Developers go soon claim am even though all their place dey compete with Davido.

Davido ~ 30b

Them ~ 49b

5 Likes

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by beberebe: 6:46pm On Jan 11, 2018
Lagos state govt is the most corrupt govt in Nigeria...
500billion a year with nothing to show for it..
Just flyover and few roads....
Lagos state govt is a fraud

1 Like

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by beberebe: 6:47pm On Jan 11, 2018
LionDeLeo:
Lol.

Developers go soon claim am even though all their place dey compete with Davido.

Davido ~ 30b

Them ~ 49b

Lagos benefit the Igbo's more than the Afonjas....
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by beberebe: 6:48pm On Jan 11, 2018
ChidiAlaigbo:
The 'oloriburukus' from the Yeast will soon come oooo

There are more wealthy Igbo's in Lagos than Afonjas
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by Odingo1: 6:53pm On Jan 11, 2018
Money extorted from poor residents making the masses to become more poor in the name of IGR.
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by alade112(m): 6:58pm On Jan 11, 2018
Our blodas be like we contributed 98% of Lagos state IGR..
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by darfay: 7:00pm On Jan 11, 2018
Some people will be pained.who noticed that the education budget for Lagos this year is equivalent of Anambra state total budget
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by deomelllo: 7:07pm On Jan 11, 2018
That's N41 BILLION/month.



Massive.
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by AshiwajuFoward: 7:17pm On Jan 11, 2018
BankeSmalls:


it's the same story in most Yoruba states, including my state.

When will you quit this foolishness? By now most people here already know that you are an ibo boy. It's fine and all for you to admire Yoruba culture and wish you were one of us, but not to the point to denying your igbo heritage the way you are doing. Have a little bit of shame na.

4 Likes

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by ipodstinks: 7:24pm On Jan 11, 2018
beberebe:


There are more wealthy Igbo's in Lagos than Afonjas
Source: Ipob bureu de statistic grin

5 Likes 1 Share

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by ipodstinks: 7:25pm On Jan 11, 2018
BankeSmalls:


it's the same story in most Yoruba states, including my state.
Ok, you wish you are yoruba, but it is too late.

1 Like

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by totit: 7:53pm On Jan 11, 2018
AshiwajuFoward:


When will you quit this foolishness? By now most people here already know that you are an ibo boy. It's fine and all for you to admire Yoruba culture and wish you were one of us, but not to the point to denying your igbo heritage the way you are doing. Have a little bit of shame na.

Lool.
You dey mind that Aba boy, the she-he troll grin

Anyways, his day of judgment draws cool

6 Likes

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by oduastates: 8:00pm On Jan 11, 2018
Only .
To cater for over 20 million people .
Lagos is really a poor state from whom so much is being extracted
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by EarthXmetahuman: 8:09pm On Jan 11, 2018
ipodstinks:
Source: Ipob bureu de statistic grin
you beat me to it. grin


Flat heads stat no de go below 70%.

World developers.

3 Likes

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by ipodstinks: 8:13pm On Jan 11, 2018
EarthXmetahuman:
you beat me to it. grin


Flat heads stat no de go below 70%.

World developers.
The thing weak me. The never go below 40 before.

1 Like

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by ODVanguard: 8:26pm On Jan 11, 2018
While the igr is relatively impressive, it is still grossly inadequate considering the huge population and infrastructure demands of the state. That amount is just a little over a billion dollars (chump change compared to more developed cities with far lesser populations). Ideally, the state needs to generate no less than $10-billion annually to really fast-track its development.

9 Likes 2 Shares

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by Blackfire(m): 8:29pm On Jan 11, 2018
How much is tinubu s share...
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by veeqocean: 9:22pm On Jan 11, 2018
MEN in Da House: Are You Satisfied With Your "P" Size??

TRUTH: SIZE MATTERS- Nearly half of men wish they had a longer and Thicker schlong.

GOOD NEWS!!!
How ! Last Upto 20 Minutes In B£d With My W0man.
Don't Let Problems Of £.D, P.£ and Small P Siz£ Ru!n Your Relatonsh!ps And S£x Lif£.
Everything You Need to make it Thick and L0ng in 4 weeks and Permanent.
Do K£R£WA L0nger And Make Madamm Happy Always.

Call/Whatsapp- 08082303349 for details of the 4weeks smooth journey
http://www.vetrosoft.com/enlargementpack

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by quickberry(m): 10:36pm On Jan 11, 2018
AshiwajuFoward:


When will you quit this foolishness? By now most people here already know that you are an ibo boy. It's fine and all for you to admire Yoruba culture and wish you were one of us, but not to the point to denying your igbo heritage the way you are doing. Have a little bit of shame na.
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by crispus09(m): 12:27am On Jan 12, 2018
but north get all
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by quickberry(m): 6:52am On Jan 12, 2018
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by EbubeIkedi: 7:53am On Jan 12, 2018
SalamRushdie:
Ambode you are a leader with purpose unlike the dullard in Aso Rock

You have never for a day criticize the governor of your state, you blame that old man for everything. Smh

2 Likes

Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by EbubeIkedi: 7:55am On Jan 12, 2018
Odingo1:
Money extorted from poor residents making the masses to become more poor in the name of IGR.

Eboes are always pained, it seems its a generational curse. Na waooo

2 Likes

(1) (Reply)

How PDP Inspired Apc’s Decision To Extend Tenure Of Oyegun, Other Executives / Daughter Of Vice President Weds In Aso Rock, See Photos / PHOTO: VP Osinbajo With Aliko Dangote And Bill Gates At The State House

(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. 33
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.