The Lagos State Government has announced plans to simplify and harmonize its revenue and tax system, a move designed to stimulate economic development and create a more business-friendly environment. This initiative was revealed by Mr. Abdul-Kabir Ogungbo, Special Adviser to Governor Babajide Sanwo-Olu on Taxation and Revenue, during a press conference held on Thursday in Read More…
Tag: revenue generation
Lagos State introduces ‘Aumentum’ land administration automation
The Lagos State Government has launched the ‘Aumentum’ Land Administration Automation as a strategic initiative to revolutionise land management processes in the state. During a recent briefing held at Alausa, Mr. Kamar Olowoshago, the Permanent Secretary of the Lands Bureau, highlighted the significance of the Aumentum Solution. He described it as a digitised platform aimed Read More…
Nigeria cannot rely solely on borrowing for 2024 budget – Finance Minister
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasised on Thursday that Nigeria shouldn’t solely depend on borrowing to finance the 2024 budget. Edun shared this stance during his appearance before the joint Senate Committee on the 2024–2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) in Abuja. Highlighting Read More…