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Lagos Govt Generates N127bn In Q1 Of 2021

The Lagos State Government says it has recovered 1.2 billion naira in excess bank charge over the period of six years and generated 127 billion naira Internally Generated Revenue in the first quarter of the year 2021. The Commissioner for Finance, Mister Rabiu Olowo made this known at the state ministerial briefing ahead of Governor Babajide Sanwo-Olu’s two years anniversary. Mr. Olowo says the year 2020 ended with 88 percent budget performance, with a capital recurrent expenditure of 56:44%. The expenditure performance for the first quarter of the year 2021 stands at 69% with a Capital Expenditure Ratio of 42:58%. To achieve efficiency and reduced Cost of Fund, the commissioner also says the State successfully re-negotiated its existing debt obligation from 19% to 14% and further down to 12% which brought about N8.9bn savings.

Lagos
Nigeria
Alimosho
Kwara
Zamfara
Kwara-state
Lagos-state
Agbado
Ekiti
Ikorodu
Yaba
Katsina

Lagos recovers N1.2bn excess bank charges

Vanguard News Lagos recovers N1.2bn excess bank charges On Kindly Share This Story: From Left, Permanent Secretary/ Accountant General, State Treasury Office, Dr Abiodun Muritala; Permanent Secretary Ministry of Finance, Mrs Yemi Ayoola; Commissioner for Finance, Dr Rabiu Olowo and Commissioner for Information & Strategy, Mr Gbenga Omotoso during the Ministry of Finance News Conference to Commemorate the 2nd Year in Office Gov. Sanwo-Olu Administration in Lagos on Thursday The Lagos State Government on Thursday said that it recovered a total of N1.2 billion in excess of bank charges over a period of six years. The Commissioner for Finance, Dr. Rabiu Olowo, made this known in Ikeja, during the 2021 Ministerial Press Briefing in Commemoration of the Second Year in Office of Gov. Babajide Sanwo-Olu.

Lagos
Nigeria
Ikeja
Lagos-state
Nigerian
Yemi-ayoola
Gbenga-omotoso
Abiodun-muritala
Rabiu-olowo
Babajide-sanwo-olu
Lagos-state-treasury-office
Ministry-of-finance-news-conference-to

Watch Your Utterances, Abdulsalami Cautions Govs, Warns against Civil War

•To dedicate part of ECA to security Chuks Okocha in Abuja, Eromosele Abiodun and Nume Ekeghe The Chairman of the National Peace Committee (NPC) and Nigeria’s former Head of State, Gen. Abdulsalami Abubakar (rtd), has cautioned state governors to be more temperate in their utterances in order not to instigate civil unrest in the nation that is on the edge of an inter-ethnic conflagration. He spoke yesterday on ‘The Morning Show,’ the flagship breakfast programme on ARISE NEWS Channel, the broadcast arm of THISDAY Newspapers, and called on the federal government and Nigerians to ensure that peace reigns in the country so as to avoid another civil war.

Germany
Nigeria
Rwanda
Ibadan
Oyo
Minna
Niger
Niger-state
Abuja
Abuja-federal-capital-territory
Kagara
Zamfara

We're prepared to release part of ECA for insecurity fight – NGF – Punch Newspapers

We're prepared to release part of ECA for insecurity fight – NGF – Punch Newspapers
punchng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punchng.com Daily Mail and Mail on Sunday newspapers.

Nigeria
Ekiti-state
Ekiti
Abuja
Abuja-federal-capital-territory
Kayode-fayemi
John-alechenu
Nigeria-governors-forum
Natural-resource-development-fund
Economic-stabilization-fund
National-livestock-transformation-plan
Excess-crude-account

Insecurity: States to cede own share of ECA, others to arms' purchase

Insecurity: States to cede own share of ECA, others to arms' purchase
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.

Germany
Rwanda
Nigeria
Ekiti-state
Ekiti
Abuja
Abuja-federal-capital-territory
Nigerian
Kayode-fayemi
Natural-resource-development-fund
Nigerian-governor-forum
Economic-stabilization-fund

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