Lagps State Commissioner for Economic Planning and Budget, Mr. Mosopefoluwa George, yesterday, said the state was on the path of meeting N1.1 trillion 2023 Internally Generated Revenue (IGR) target by the end of the year.
Lagos State Commissioner for Economic Planning and Budget, Mr. Mosopefoluwa George, yesterday, said the state was on the path of meeting N1.1 trillion 2023 Internally Generated Revenue target by the end of the year.Lagos State Commissioner for Economic Planning and Budget, Mr. Mosopefoluwa George, yesterday, said the state was on the path of meeting N1.1 trillion 2023 Internally Generated Revenue target by the end of the year.
He said: “We have to be very creative with our funding and ensure that our funding is a mix of both the IGR and also other funding mechanisms. We are looking at PPP, nice concession funding at the right rate. We are going in the right direction, in that trajectory and, hopefully, we can continue to build on that and be able to attract the right investment and right set of funding to sort our budget and our projects.
He said: “One of the things we are doing and trying to do better is consultation, to let the people know that this is what we are planning to do with their money. The more we go out, the more we hear from them, the more we understand what they want. Then we can give them that service; that way, they feel a lot better about remitting whatever taxes or levies they have to pay.”
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