Kano Govt Approves N500m Counterpart Fund For W/Bank Climate Project   The Kano State Executive Council has approved N500m as counterpart funding for the implementation of a six-year World Bank-assisted project, tagged ‘Agro Climatic Resilience in Semi-Arid Landscapes’. The Commissioner for Information, Malam Muhammad Garba, disclosed this...

Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure   Lagos State has signed a 10-year Bond to raise N137.3billion to finance key infrastructural projects in the state. The 13 per cent Fixed Rate Series IV Bond Issuance, under the N500 billion Fourth Debt Issuance Programme, is...

Monthly IGR grew By 7,400% In 22 years - Lagos   The Lagos State Government said on Monday that its Internally Generated Revenue grew by 7,400 per cent between 1999 and 2021. The Governor, Mr Babajide Sanwo-Olu, disclosed this at the 149th Joint Tax Board Meeting in...

N20bn Bailout Loan: Kogi Sues EFCC, Demands N35bn ‘In Damages’     The Kogi state government has dragged the Economic and Financial Crimes Commission (EFCC) to court over “unsubstantiated allegations” on bailout funds. Over the past months, the anti-graft agency and the Kogi government have been at loggerheads...

Lagos Retirees Receive N34.13bn Accrued Pension     The Lagos State Government has paid a sum of N34.13 billion into the Retirement Savings Account (RSA) of retirees in the Mainstream, Local Government, State Universal Basic Board (SUBEB), Teaching Service Commission (TESCOM) and other Parastatals of the state...

Lagos Pays Retirees N34.12bn Under Contributory Pension Scheme       The Lagos State Governor, Babajide Sanwo-Olu, has said the state has paid N34.12bn to retirees under the Contributory Scheme since the inception of his administration. Sanwo-Olu said this during the presentation of retirement bond certificates to the 90th...