Lagos generates N127 billion IGR for Q1 ’21

May 21, 2021

The Lagos State government says it generated a total of N127 billion in the first quarter of 2021. According to the state government, it recorded this feat through proactiveness and preventing leavages in the system despite the ravaging effects of the coronavirus pandemic on the state. Mr. Olowo pointed out that the achievement was not […]

Eko Disco assures free prepaid meter installations as mass distribution kicks off

March 22, 2021

Onome Amuge   Eko Electricity Distribution Company (EKEDC) has encouraged customers without prepaid meters to apply forthwith, pledging to deliver and install the meters immediately in the on-going National Mass Metering Programme (NMMP), an initiative of the federal government in partnership with electricity distribution companies aimed at bridging the metering gap in the country. In […]

Stakeholders urge Lagos to leverage NGOs for effective implementation of N5bn LEAP

November 25, 2020

By Hamid Ayodeji   MSMEs should approach strategically   Following the recently launched N5 billion Lagos Economic Acceleration Programme (LEAP) aimed at providing capital and economic stimulus for micro, small and medium enterprises (MSMEs) by the state’s administration led by Governor Babajide Sanwo-Olu in order to tackle the negative impact the COVID-19 pandemic has had on […]

NNPC assures of product availability amid senior oil workers’ strike

Ben EguzozieNovember 11, 2020

NNPC to charge Nigerian government for services, says Kyari

  Has 2.9 billion litres of PMS for Yuletide Industry expert says NNPC should call for dialogue     State-owned oil company,Nigerian National Petroleum Corporation (NNPC), has assured there would be adequate supplies of petroleum products during this period, despite the on-going industrial action embarked upon by members of the Petroleum and Natural Gas Senior […]

LCCI to assess impact of border closure on Nigeria’s economy

February 17, 2020

By Samson Echenim The Lagos Chamber of Commerce and Industry (LCCI), the premier chamber of commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to hold a roundtable on the border closure and its impacts on businesses and the economy. The chamber said in a statement on Friday that […]

Okada ban effect: Uber, Bolt riders lament over high charges in Lagos

February 13, 2020

Okada ban effect: Uber, Bolt riders lament over high charges in Lagos

The effect of the ban of commercial motorcycles in some key areas in Lagos is gradually creating holes in the pockets of some residents, as they are forced to use the services of the car-hailing firms. To explore the new opportunity, the car hailing firms like Uber and Bolt among others have increased their charges. […]

Only 18.75% Lagos residents are registered taxpayers – LIRS

January 31, 2020

Only 18.75% Lagos residents are registered taxpayers - LIRS

Lagos Inland Revenue Service (LIRS) has said that only 4.5 million or 18.75 percent of the 24 million people resident in Lagos State, representing 18.75 percent are registered, taxpayers. Executive Chairman, Lagos Inland Revenue Service (LIRS), Ayodele Subair disclosed this in a press interview adding that the revenue agency is, however, working to capture more […]

Sanwo-Olu presents N1trn 2020 budget

November 8, 2019

Sanwo-Olu presents N1trn 2020 budget

Governor Babajide Sanwo-Olu of Lagos State on Friday presented the 2020 budget of over N1 trillion. He presented the budget titled, ‘Budget of Awakening’ on the floor of the Lagos State House of Assembly. The  total budget is N1,168,561,534,191. Speaking after the presentation of the budget, the Lagos  Speaker, Mudasiru Obasa said, the House would scrutinise the budget. He said, […]