The Chairman of Ikorodu Local Government Council, Mr Wasiu Adesina, on Tuesday advised local government authorities to embrace the Public Private Partnership system for economic development and revenue generation. Adesina gave the advice at the inauguration of an ultra-modern events…
Lagos is top earner as states’ IGR drops by 11.7%
The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on the ‘Internally…
Federal High Court discharges interim order, strikes out suit against NIPC
On the 13th of May 2020, the Federal High Court sitting in Abuja Judicial Division struck out the Suit filed by Hon. Ali Sani, a member of the Governing Council of Nigerian Investment Promotion Commission (NIPC) on the grounds that…
Lagos receives N327m from 13% oil derivation, as monthly IGR reaches N34b
The Lagos State Government on Monday said that it has so far achieved an average monthly Internally Generated Revenue (IGR) of N34 billion in 2018 compared to monthly averages of the last three years, just as the state received N327…
