Tuesday, 24 April 2018

Lagos Govt. Earns N103.4bn Revenue 1n Q1

Lagos State Commissioner for Economic Planning and Budget, Mr Olusegun Banjo, has revealed that the state has recorded a revenue of N103.4billion in the first quarter of 2018.

The Commissioner made this known during a ministerial briefing to commensurate Gov. Akinwunmi Ambode’s third year in office at Alausa, Lagos on Tuesday.
Lagos State Commissioner for Economic Planning and Budget, Mr Olusegun Banjo, has revealed that the state has recorded a revenue of N103.4 billion in the first quarter of 2018.
according to him, the new earning represent an increase of 63 per cent against the N124.14 billion achieved in the corresponding period of 2017.
Banjo said the state recorded N103.48 billion in absolute Terms and Internally Generated Revenue (IGR) in 2018, representing an increase of 73 per cent over N96.78 recorded in 2017.

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