The Lagos State government, yesterday, said it has generated approximately N400 billion as Internally Generated Revenue in the first half of the year.
The State Commissioner for Economic Planning and Budget, Ope George, who disclosed this during the 2024 Budget Consultative Forum in Ikeja, said the state hopes to reach its target before the end of the year.
You will recall that the state projected a minimum of N924.805bn to finance its 2023 budget of N1.768 trillion.
While stressing the need to raise the target for 2024 for the provision of more services to the people, he emphasized the government’s strong credit rating and robust IGR, which he said can attract the right investments and funding.
