Business Revenue

Nigeria’s 2022 internally generated revenue grows to N1.92 trillion

The National Bureau of Statistics (NBS) has reported that the 36 states and the Federal Capital Territory (FCT) witnessed a 1.6 per cent year-on-year growth in Internally Generated Revenue (IGR), amounting to N1.92 trillion in 2022, up from N1.89 trillion in 2021. These figures are outlined in the NBS report on Internally Generated Revenue at Read More…

Education Metro

Selling LASU bread as only bread on campus is a violation – FCCPC

The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over Lagos State University’s (LASU) proposal to offer exclusively, bread baked on campus. Mr Babatunde Irukera, Executive Vice Chairman of the FCCPC, stated on his official Twitter handle @TundeIrukera that the act is a probable breach of competition law. According to Irukera, restricting competition Read More…

Business Economy Metro Planning Top Story

Lagos targets N60.31bn monthly Internally Generated Revenue

The Lagos State Government has indicated a monthly target of N60.318 billion Internally Generated Revenue (IGR) to fund the 2021 budget. Speaking during a media briefing on the Analysis of the Year 2021 Budget at Alausa, Ikeja, the Commissioner for Economic Planning and Budget, Mr Sam Egube, said that the budget size was N1.164 trillion. Read More…

Business Economy Top Story

Lagos State records highest 6mth IGR of N204.5bn, states, FCT hit N612.9bn

The National Bureau of Statistics (NBS) says Lagos State recorded the highest Internally Generated Revenue (IGR) of N204.51 billion in the first half of 2020. The NBS made this known in its Internally Generated Revenue at State Level (H1 2020) report made available on its website on Tuesday. It said the second state with the Read More…