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Lagos generates N503.7bn in 2017

By Balogun Alabi,

The Lagos State Governor, Akinwunmi Ambode, has disclosed that during his administration, the state had been able to generate N503.7 billion as revenue in 2017, which represented 78 percent performance amid harsh economy, as well as, ordered Public Works Corporation fix bad roads in strategic ares within the state.

Ambode explained that the total recurrent expenditure was N281.33bn, which represented a performance of 92 percent, while total capital expenditure was N387.60bn of 76 percent performance.

He appreciated residents in the state for cooperating and supporting his administration, which had led to several achievements, adding that the government had also commenced transformation of landscape in the state.

Giving a report of activities of his administration in 2017, the Governor oulined some of the key projects delivered I the previous year, which included construction of bridges and terminal buses in strategic areas of the state.

In a stamen issued to journalists on Thursday, the governor’s chief press secretary, Habib Haruna, said that the State Employment Trust Fund (ETF) had also disbursed a total of N4.5 billion to 5,500 beneficiaries, who also received training on financial literacy and business management.

Haruna stressed that the governor also commissioned the first state-owned DNA Forensic Centre in Nigeria and West Africa, adding that the state would soon sign a contract to upgrade facilities that would offer toxicology services, which would make it be the first in Sub-Saharan Africa.

“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 added.

Ambode,that the state government would pay compensating visit to those whose properties were demolished during construction of pen cinema, Agege bridge, as well as other afres, including, Igbogbo, Ikorodu, Owutu.

However, the Governor urged taxpayers in the state to fulfill their responsibilities, advising that regular payment of taxes was very effective in funding infrastructures.

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