Lagos State Govt Remit N1bn Pension Funds To 287 Retirees     The Lagos State Government has said that 287 of its retirees have received the sum of N1 billion in their retirement savings accounts (RSA). This was disclosed at the 86th bond presentation ceremony in Lagos by...

Ogun State Govt Rakes In N40bn IGR In Q1, 2021       The Ogun state government has generated N40 billion Internally Generated Revenue (IGR) in the first quarter of 2021. The government also plans to increase the yearly Gross Domestic Product (GDP) from the current single-digit to 25...

Lagos Pays N30bn To Retirees In Two Years       Lagos State has paid over N30 billion to retirees in two years, the Director-General, Lagos Pension Commission (LASPEC), Mr. Babalola Obilana, has said. The payment, according to him, was made in the two years of the Babajide Sanwo-Olu’s...

Ekiti Govt Threatens To Sanction N1.6bn CBN/BOI Loan Defaulters         Ekiti State Government has raised concern on the failure of beneficiaries to repay the about N1.6bn loan from the Central Bank of Nigeria and the Bank of Industry’s matching funds facility. The State Commissioner for Trade in...

Lagos State Govt Earned N418bn From Tax In 2020 – LIRS         Lagos State Government raked in N418bn as tax revenues in 2020 despite the outbreak of the COVID-19 pandemic, the state’s internal revenue service has said. A statement issued on Sunday by the States Fiscal Transparency...

Lagos State Govt Pays Over N4.2bn As Pension Arrears       The Lagos State government has paid N4.203 billion as pension under the Defined Benefits Scheme (DBS), otherwise known as ‘Pay As You Go’, between May 2019 and March 2021, Commissioner for Establishment, Training and Pension, Mrs....