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At the bottom of the ranking, Yobe recorded the lowest IGR at ₦16.01 billion, followed by Ebonyi with ₦17.18 billion and Sokoto with ₦20.48 billion.
Nume Ekeghe The World Bank has said that only Lagos and Enugu states generated enough internally generated revenue (IGR) to cover their recurrent expenditure in 2025, underscoring...
The figure represents a 40.93 per cent increase from the previous year, with Lagos accounting for more than a third of the combined revenue. The post 36 states, FCT generate N5.15t...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. Ka...
Earlier, the Director-General of the Lagos State Pension Commission (LASPEC), Babalola Obilana, said the government was facilitating the payment of N1,036,355,006.43 to the 663 ben...
Mr Oyebanji attributed the achievements to institutional re-organisation, digital transformation of tax administration, expansion of the tax net and improved business environment....
Francis Sardauna in Katsina The Katsina State Government, has projected an Internally Generated Revenue (IGR) of N95.77 billion to finance its N828,638,844,091.48 2027 budget. Gov...
Lagos’ decline, meanwhile, shows how changes in VAT and other revenue sources can significantly affect quarterly allocations.
Presenting the report, the committee chairman, Olumoh Sa’ad, said the review followed differences in the implementation of capital projects by ministries, departments and agencies...
The Lagos State Government has started public consultations for the 2027 budget, seeking input from residents to shape government priorities and spending. Read More: https://punch...
• FG plans investment ombudsman as Nigeria attracts $23bn in capital Wale Igbintade The Lagos Multi-Door Courthouse has facilitated the settlement or recovery of N86.8bn over five...
Obilana said the administration's intervention culminated in a landmark N5 billion payment to 1,963 retirees in July 2024, which cleared all outstanding backlogs of accrued rights...
Sunday Ehigiator The Lagos State Government has pledged to strengthen the state’s creative economy through structured funding channels, grants and faster payment of creative suppl...
The La Dade-Kotopon Municipal Assembly (LaDMA) is taking steps to reduce its dependence on the District Assemblies Common Fund (DACF) and other external sources of funding by stren...
The committee chair said the exercise was part of the assembly’s oversight responsibilities to promote accountability and ensure prudent management of public resources. The post La...
Declaring the retreat open, LSPPA Director-General, Mr Fatai Idowu Onafowote, said the initiative was designed to prepare the agency for future procurement demands while aligning i...
The Lagos State Ministry of Youth and Social Development has said the state government will award N30m grants to 10 young entrepreneurs under the 2026 Amplifier Business Clinic. Th...
NULGE: No local govt currently receives allocation directly from federation accountState control of funds weakens service delivery, CSO declaresRULAAC: Councils should be allowed t...
The Lagos State Government has sealed 14 properties across Ikotun, Ikoyi, Isheri-Osun, Lagos Island, Ikorodu and Amuwo
“The challenge of Lagos is not so much resources as it might be for many other states. The challenge is setting the right priorities, focusing government expenditure on the segment...
By Efe Onodjae Lagos ports handled an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in the second quarter of 2026, Q2’26,...
According to the report, 29 of 33 states shifted spending towards economic infrastructure, while real social spending per person increased in all but one state. Internally generate...
Vatar, the company behind the Nigerian browser game Lagos Life, has closed an angel round of $500K at a $10M valuation. What makes the news remarkable is that the funding was secur...
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news. Th...
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