Lagos State Governor, Mr. Akinwunmi Ambode on Sunday hailed tax payers in the State for performing their civic obligations faithfully, saying the State recorded more Internally Generated Revenue (IGR) in 2016 than what was recorded in 2015 despite economic recession in the country. As of December 16, 2016 the State …
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15 States Set To Go Bankrupt,as Lagos emerges Nigeria’s richest state
A report has said 15 states in Nigeria may go bankrupt as their Internally Generated Revenues (IGR) in 2015 were far below 10% of their Federation Account Allocations (FAA) in one year from June 2015 to May 2016. An investigation by the Economic Confidential, further indicates that the IGR of …
Read More »Ekiti govt impounds 77 cars,hundreds of Motorcycles
The Ekiti state government has said it has impounded 77 motor vehicles and hundreds of motorcycles popularly called ‘Okada’ during the first week of the general checking of vehicle particulars and driver’s licenses in the state. It also said the internally generated revenue of the state keeps increasing by a …
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