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Lagos State Govt, FMDQ Sign MoU On N25bn Green Bond

Lagos State Govt, FMDQ Sign MoU On N25bn Green Bond           Governor Babajide Sanwo-Olu has signed a Memorandum of Understanding (MoU) on Green Bond Market with FMDQ Group and Financial Sector Deepening (FSD) Africa, which are the programme’s implementing partners on the proposed N25 Billion (over...

Lagos State Govt Remit N1bn Pension Funds To 287 Retirees

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...

Lagos Pays N30bn To Retirees In Two Years

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...

Lagos State Govt Earned N418bn From Tax In 2020 – LIRS

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

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....

#EndSARS: Lagos Supports 10,000 Businesses With N939m

#EndSARS: Lagos Supports 10,000 Businesses With N939m       The Lagos State Government says it supported a total of 1,835 businesses affected by the EndSARS protest mayhem with the sum of N939.98 million. The Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, made this known during the...