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Lagos plans tax expansion to fund N1.17tn budget

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The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget.

 The Commissioner for Economic Planning and Budget, Sam Egube, said this on Tuesday at the state’s budget breakdown.

He disclosed that the total budget size of N1.17tn would be funded from a total revenue estimate of N1.07tn.

The estimate is made up of IGR of N886.04bn and federal transfer of N184.99bn.

A deficit of N97.53bn is to be financed from external loans of N34.5bn and domestic loans of N63bn.

In 2019, the state projected a total revenue of N775.23bn out of which N606.29bn was expected from internal generation, N168.94bn from federal transfers and N77.09bn from deficit financing.

Egube said a significant percentage of the projected TIGR of N500bn would be contributed by the Lagos Inland Revenue Service through expansion of tax net.

This, he said, would be achieved through the deployment of technology and other facilities to improve the efficiency in operations of all revenue generating agencies.

“We believe that there are huge revenue generating opportunities in the informal sector including real estate and transportation which Lagos State is known for,” the commissioner said.

Egube said the 2020 budget was a result of widely held consultations across the three senatorial districts in addition to feedback from stakeholders.

Giving a sectoral analysis of the budget, the commissioner said the education sector got the highest allocation of N136.1bn.

He said it was N70.41bn higher than that of the 2019 budget and would cater for the reconstruction of 300 schools; provision of furniture for both primary and secondary schools across the state and equipment for science laboratories.More in Home

Roads and infrastructure got the second highest allocation of N117.248bn against the N31.673bn expended in 2019.

Egube said, “The increase would address the zero-pothole strategy and create link roads within the metropolis to solve challenges of traffic congestion.

“On the development of infrastructure along the coastline, we have a provision of N11.29bn that has been earmarked to enhance our coastal infrastructure in order to curb ocean surge and protect lives and properties.”

Health, environment and housing got the third, fourth and fifth highest allocations of N111.775bn, N66.586bn and N48.559bn respectively.

Traffic management got an allocation of N44.51bn as against the N17.59bn budgeted in 2019.

Egube said it would address junction improvement throughout the state and help with the completion of trailer parks among others.

The commissioner said the state government would ensure the full implementation of the budget.

 He disclosed that the performance of the 2019 budget stood at about 80 per cent by the end of the year.

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Lady Dies After Friends Pushed Her Into Boiling Pot Of Fresh Pepper In Delta State

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A Nigerian man identified as Israel Joe, has revealed how his friend, Roseline, died after she was pushed into a boiling pot of fresh pepper and tomatoes by her two female friends in Sapele, Delta State.

Joe stated that Roseline, a caterer, went on a trip with her friends to Sapele for a catering job where the bitter ordeal occured.

She tragically passed away on Saturday, April 13 after spending two weeks at the hospital in a very horrible state.

In a Facebook post on Friday, Joe said that before her untimely death, Roseline confided in him about two of her friends who were treating her coldly.
And he has vowed to bring them to justice.

This is such a heartbreaking event.

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IPOB Declares May 30th As Sit-at-home Day Across The Southern East States To Honour Biafran Fallen Heroes

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The Indigenous People of Biafra has declared May 30, 2024, as a sit-at-home day across the South-East to celebrate Biafran soldiers.

The pro-Biafran group said that day is set aside annually to celebrate the men and women who died in the Biafran war between 1967 and 1970 and beyond and even until now.

This was made known in a press statement by the group’s spokesman, Emma Powerful, on Thursday, adding that every Biafran in the South-East is expected to sit at home and reflect on the war.

He cautioned South-East residents to avoid loitering about on this day, adding that those who intend to travel to and fro Biafra land must do so before the evening of May 29.

The IPOB statement also directed that all the residents of “Biafra Land” are to stay indoors from 6 am to 6 pm on May 30, 2024.

He also called on christians and traditionalists to pray to Chukwu okike abiama for the fallen heroes, And also for the independence of Biafra from Nigeria.

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Anambra State Government Arrests Man For Marrying Off His Underage Daughter

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The Anambra State Government has arrested one Uzochukwu Okoli, for marrying off his underaged daughter.

Okoli was apprehended after his daughter reported to the State Ministry of Women and Social Welfare about the alleged ill-treatment being meted out to her by her father and the man he forced her to marry.

The daughter, Chioma Okoli, who is currently 16 years old, said after the death of her mother, her father took her and her sister out of Edo state and brought them to Anambra.

She alleged that she was first forced to live with a 70-plus-year-old man at the age of 14 but after some time, she ran back to her father’s house before he finally gave her out to a 34-year-old Chinedu Nweke as husband.

Chioma who was in the company of her sister, explained that life with Chinedu has been a living hell because he allegedly beats her and sometimes pees in her mouth.

She said this act made her run away with their 9-month-old baby. Her father, Uzochukwu Okoli, on the other hand, claimed her daughter is 18 years old and, at some point, said she is 20 years old.

After he was handcuffed, Mr Okoli threatened to deal with the daughters if he made it out of prison. He also urged Chioma and her sister to pray he dies in prison because he would make life more miserable for them.

Meanwhile, the Commissioner for Women and Social Welfare, Hon Ify Obinabo, has instructed that the case be charged to court so that the girl can get justice.

Both Mr Okoli and Chinedu Nweke were arrested and will be arraigned in court.

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