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Nairaland Forum / Nairaland / General / Politics / Lagos State Generates N101Billion In 4Months (20848 Views)
Lagos State Generates 436 Billion In IGR In 2016 / FG Spends N446Billion To Service Debts In 4months / Hilarious Way Abia State Generates Its IGR (2) (3) (4)
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Re: Lagos State Generates N101Billion In 4Months by desmond2pk: 5:56pm On May 09, 2016 |
This year, my income has come down to 10% from what I used to make. My office rent is 800k per year. I have a female worker I pay 25k monthly. My technician received 10% of whatever comes in weekly. I pay service charge of 35k monthly. I project making at least 100k weekly. When I couldn't make it, I came down to 50k. Now, I barely make 10k weekly. Yet, lasaa, firs, lirs, local government levies etc are all over me. I am speechless. How do you explain this? |
Re: Lagos State Generates N101Billion In 4Months by Ghost01(m): 5:57pm On May 09, 2016 |
Only N101 billion (around $500 million) in four months and some are here screaming in jubilation. Impressive by Nigerian standard, yes, but when compared to a world class city like London that has an annual budget of £17 billion, it is paltry. We get to start somewhere though! |
Re: Lagos State Generates N101Billion In 4Months by iykekelvins(m): 5:58pm On May 09, 2016 |
Now that's a lotta money. Naija, I hail thee |
Re: Lagos State Generates N101Billion In 4Months by Tripleclick(m): 5:58pm On May 09, 2016 |
FlyoruB:No be only Ogun...plus sango generates more dn all south east states.. i wonder why they still have IDP camp. 2 Likes |
Re: Lagos State Generates N101Billion In 4Months by Rexyl(m): 5:58pm On May 09, 2016 |
I hale Lagos! She can help bail out indebted States of the SW 1 Like 1 Share |
Re: Lagos State Generates N101Billion In 4Months by karkinase(m): 6:01pm On May 09, 2016 |
ZoggingMaster:Help me ask dem ooo... Generating billions with no practical impact felt on the everyday man is simply BS to me. .. 1 Like |
Re: Lagos State Generates N101Billion In 4Months by Tripleclick(m): 6:03pm On May 09, 2016 |
manie:Please keep quiet.. it can never be replicated at home.. cause of unavailability of resources... which Govt. provided for Lagos 1 Like |
Re: Lagos State Generates N101Billion In 4Months by WIZGUY69(m): 6:03pm On May 09, 2016 |
Johnpaul2k2:....Bullshit as usual. Just the way biafra is the most deveoped country in the world. Aba mall is the biggest in africa. Onitsha is the biggest city in the world. Keep believing your lies, its a free world. 7 Likes 1 Share |
Re: Lagos State Generates N101Billion In 4Months by IPOB123london: 6:05pm On May 09, 2016 |
and that tell you how corrupt fasho thieves and thiefinu were ndi ochi! Tinubu is not corrupt! -PMB ? ndi ara |
Re: Lagos State Generates N101Billion In 4Months by Tripleclick(m): 6:05pm On May 09, 2016 |
Rexyl:And you forget Lagos has the highest debt in Nigeria.. dont boast about what you dont know |
Re: Lagos State Generates N101Billion In 4Months by kinmayor(m): 6:06pm On May 09, 2016 |
Federal Republic Of LAGOS |
Re: Lagos State Generates N101Billion In 4Months by WIZGUY69(m): 6:07pm On May 09, 2016 |
Cubeet: Those afforementioned places are better than the caves you lot escape from by miles. 7 Likes 1 Share |
Re: Lagos State Generates N101Billion In 4Months by Tripleclick(m): 6:07pm On May 09, 2016 |
WIZGUY69:e pain m.. but thats the truth.. the day igbos will mention biafra.. you gux wont hesistate to remind them of their billions of investment outside East 1 Like |
Re: Lagos State Generates N101Billion In 4Months by DIFY20(f): 6:09pm On May 09, 2016 |
are yorubas soo stupid lagos was former capital terrority fro crying out loud y not you yourbas go and increase the Oyo IGR from 16B to 100b. always boast with wat they cant achived alone ridwanayo: 1 Like |
Re: Lagos State Generates N101Billion In 4Months by Malikko(m): 6:13pm On May 09, 2016 |
When did quarter turn into 4 months 1 Like 1 Share |
Re: Lagos State Generates N101Billion In 4Months by Nobody: 6:13pm On May 09, 2016 |
I only need 1% of the money. |
Re: Lagos State Generates N101Billion In 4Months by ZoggingMaster: 6:14pm On May 09, 2016 |
If u see what I've paid as tax in the past three years, you go know why I neva become Landlord in Lagos yemmight: |
Re: Lagos State Generates N101Billion In 4Months by Nobody: 6:14pm On May 09, 2016 |
No light, no water, few roads, no monorail. Still a village |
Re: Lagos State Generates N101Billion In 4Months by manie(m): 6:14pm On May 09, 2016 |
desmond2pk: Business owners are the one suffering the increase in income by LASG. The new Chairman of LIRS may end up killing small businesses in Lagos. I just got a letter from LIRS for my PAYE tax audit from 2009 to 2014 and I was billed a tax liability of N2.6 million, eventhough I paid my income tax as at when due. I have written them, challenged the tax audit and made additional payment of 30k, waiting for their invite in 4 to 6 months time so as to compare notes and records. LASSA collects about 50k per annum for advert, land use charge is about 100k per annum, PHCN is about 500k per annum, local govt papers for my buses is 40k, vehicle license and insurance etc is over 100k. Land use charge is also over 100k per annum. Do not be surprised if Lagos makes more than N100billion in the current quarter, because prosecution of tax defaulters will commence in the quarter. |
Re: Lagos State Generates N101Billion In 4Months by manie(m): 6:16pm On May 09, 2016 |
Tripleclick: Can you please outline some of the resources, so that we can share ideas. 1 Like |
Re: Lagos State Generates N101Billion In 4Months by manie(m): 6:19pm On May 09, 2016 |
Tripleclick: Dangote also has the highest debt in Nigeria if not in Africa, yet financiers are still willing to loan him more funds. There is no big deal on the size of your debt provided you are capable of servicing it as at when due, what matters is your credit rating and I guess Lagos has one of the best ratings among the states in Nigeria. 3 Likes |
Re: Lagos State Generates N101Billion In 4Months by 1metre: 6:20pm On May 09, 2016 |
Basilsekav:how developed is lagos |
Re: Lagos State Generates N101Billion In 4Months by Tripleclick(m): 6:22pm On May 09, 2016 |
manie:Have you cared to check the size of debt of lagos state? and tell how lagos can service it when they are borrowing more |
Re: Lagos State Generates N101Billion In 4Months by Tripleclick(m): 6:25pm On May 09, 2016 |
manie:Stop acting like you are new in Nigeria... if you dont know them.. then stop Shoving "Charity begins at home" quote down our throat |
Re: Lagos State Generates N101Billion In 4Months by IamAtribalist: 6:26pm On May 09, 2016 |
berrystunn: 5 Likes
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Re: Lagos State Generates N101Billion In 4Months by omokab: 6:28pm On May 09, 2016 |
Johnpaul2k2: |
Re: Lagos State Generates N101Billion In 4Months by manie(m): 6:28pm On May 09, 2016 |
Tripleclick: Financiers will not grant more loans if the current one is not performing. |
Re: Lagos State Generates N101Billion In 4Months by codemaniacs: 6:28pm On May 09, 2016 |
manie: is paying lasaa and local govt compulsory... I thought it was only lirs that collect tax. |
Re: Lagos State Generates N101Billion In 4Months by manie(m): 6:30pm On May 09, 2016 |
codemaniacs: LASAA is compulsory for advert and publicity, local goverment have certain taxes, dues and rates which they collect from businesses. |
Re: Lagos State Generates N101Billion In 4Months by popsonbj: 6:30pm On May 09, 2016 |
Johnpaul2k2: Is it not foolish on the part of the Cheat beaters to keep dominating and developing Lagos while their states are backward? 2 Likes 1 Share |
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