Business Hilights

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Lagos retains highest earner in IGR, hits N287bn IGR in 2016

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Lagos State Government has once again become the highest earner in Internally Generated Revenue (IGR) for the in 18 years by hitting N287bn.

This year, it was distantly followed by Rivers State who made about N145bn according to statistics gathered after computation of earnings receipts in Rivers State.

Accordingly, the Lagos State Governor, Akinwunmi Ambode hailed tax payers in the State for performing their civic obligations faithfully and making the state generate more in 2016 than the 2015 record despite economic recession in the country.

He revealed that “As of December 16, 2016 the State had raked in N287bn IGR for the year under review as against N268.2bn generated in 2015”.

Governor Ambode said the taxes paid by the people had been judiciously utilised to upgrade infrastructures and provide various services, just as he said Lagosians deserved to be appreciated for cooperating with government in that regard.

He said “The tax payers are the ones giving us the little energy that we have and even when they say Nigeria is in recession, but somehow Lagos has been able to do it and it is because people are paying their taxes.

“The truth is that the people have been carrying out their civic obligations and somehow we have been returning those obligations with the services that we have provided and you found out that this year; we have actually made more IGR than last year under a recession.


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