Lagos hits N400b IGR in six months
Tamarauemi Ebimini
Lagos state government has made about N400 billion as Internally Generated Revenue (IGR) as of June 2023.
The commissioner for Economic Planning and Budget, Ope George, stated this at the 2024 Budget Consultative Forum in Ikeja.
The forum was held in the state’s five divisions of Ikorodu, Badagry, Lagos Island, Ikorodu, and Ikeja.
According to George, the government hopes to reach the target before the end of the year.
The commissioner noted that it was expedient to increase the target in 2024, especially as it relates to funding the budget so that more can be done for the people.
The commissioner also said the government will continue to assist the informal sector, especially the Small and Medium Enterprises (SMEs), with grants and soft loans to keep them afloat and sustain the economy.
