Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,872 members, 7,976,251 topics. Date: Tuesday, 15 October 2024 at 11:18 PM |
Nairaland Forum / Nairaland / General / Politics / Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode (1197 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)
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 |
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 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: 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: 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: 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:Source: Ipob bureu de statistic 5 Likes 1 Share |
Re: Lagos Generated N503.7bn In 2017 Despite Harsh Economy – Ambode by ipodstinks: 7:25pm On Jan 11, 2018 |
BankeSmalls: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: Lool. You dey mind that Aba boy, the she-he troll Anyways, his day of judgment draws 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:you beat me to it. 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: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: |
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: 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: Eboes are always pained, it seems its a generational curse. Na waooo 2 Likes |
(1) (Reply)
BREAKING: No Land For Cattle Colonies In Our State, Benue Leaders Tells Buhari / Nigeria Overtakes India As Country With The Most People In Extreme Poverty / Those Jubilating Over Dapchi Girls’ Abduction Is An Enemy Of Nigeria -presidency
(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. 35 |