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Free Meter Distribution Commences In Kano, Others

Free Meter Distribution Commences In Kano, Others          The free distribution of electricity meters to Nigerians will commence today (Friday) with the simultaneous inauguration of the scheme in Kano, Kaduna, Eko and Ikeja electricity distribution companies’ franchise areas. A source in the Presidency, who spoke on condition...

Lagos Atop As States’ IGR Drops By 11.7%

Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...

Lagos Recorded N89bn Surplus In 2019

Lagos Recorded N89bn Surplus In 2019       The Lagos State Government 2019 Audited Financial Statements show that the state posted a surplus of N89bn in its account. The disclosed this in response to a report published by civic advocacy group, BudgIT, titled ‘Ability of States to Meet...

Food Insecurity Prevalent In FCT, Lagos, Kano, Rivers – NBS

Food Insecurity Prevalent In FCT, Lagos, Kano, Rivers – NBS     The outbreak of COVID-19 has increased food insecurity in Lagos, Kano, Rivers and Abuja, the National Bureau of Statistics has said. It disclosed this in its latest report on the impact of COVID-19 in Kano, Lagos,...

Lagos State Generates N432.6bn In Six Months

Lagos State Generates N432.6bn In Six Months     Lagos State recorded 81percent of expected revenue during the first half of this year, which is N432.6billion, despite the scourge of the COVID-19 pandemic on economic activities, the state’s Commissioner for Budget and Economic Planning, Mr. Sam Egube,...

Lagos Begins Tax , Regulation For Ride-Sharing Firms Aug 27

Lagos Begins Tax , Regulation For Ride-Sharing Firms Aug 27     Ride-sharing companies like Uber Technologies Inc. and Bolt that operate in Nigeria’s commercial capital of Lagos will have to pay licensing, renewal and service fees under regulations set to take effect later this month. Effective Aug....