The Lagos State Government and the International Finance Corporation have sealed a major partnership to enhance provision of infrastructure in key sectors and strengthen the State’s long-term financial sustainability through improved revenue generation strategies.
Browsing: Akinyemi Ashade
The Commissioner for Finance, Akinyemi Ashade, made the disclosure at the ongoing Ministerial Briefing to mark the third anniversary of Governor Akinwunmi Ambode in office.
In a keynote address delivered at the opening ceremony of the retreat organised by the Forum of Accountants-General of the 36 States of the Federation and the FCT, the AGF identified monumental corruption as one of the factors responsible for citizens loss of faith in Governments
The resolution followed a motion moved under Matters of Urgent Public Importance, by Lanre Ogunyemi the Chairman, House Committee on Education.
The Manufacturers Association of Nigeria, Nigeria Bar Association, Lagos Chamber of Commerce and Industry and several other pressure groups and individuals had kicked against the increase, which some alleged was as high as 400 per cent
Speaking at a news briefing held in Lagos, the State’s Commissioner for Information and Strategy, Kehinde Bamigbetan, said there were so many misconceptions and misinformation about the new law, adding that the law was a progressive enactment duly made by the House of Assembly and handed over to the Executive for implementation in the overall interest of the people
Akinyemi Ashade, the state Commissioner for Finance and Special Adviser to the Governor on Taxation and Revenue, said this at an interactive session with journalists in Alausa, Ikeja
The News Agency of Nigeria reports that state House of Assembly had on Jan. 30 passed the state’s Appropriation Bill into law.
The distribution, which commenced last week, ought to have been carried out much earlier in the year, but was delayed by a review of the Land Use Charge Act by the State House of Assembly
The Governor also signed two critical bills into law
Speaking at the 2017 Annual General Meeting of the Lagos State Debt Issuance Programme, the Commissioner for Finance, Akinyemi Ashade, explained that the bond issuance programme was undertaken by the State Government to consolidate the delivery of sustainable and inclusive economic growth and development across the State.
Ambode, represented by Akinyemi Ashade, the state Commissioner for Finance, made the observation in Lagos at the investiture ceremony of Folashade Onabolu as the Chairperson of Society of Women Accountants of Nigeria.
The Commissioner for Finance, Akinyemi Ashade, said in a statement in Lagos that the bond was issued in two tranches.
Akinyemi Ashade, the state Commissioner for Economic Planning and Budget, said this at the ongoing ministerial briefing to commemorate the second year in office of Governor Akinwunmi Ambode
Ambode said it was a starting point and a positive partnership that would help the State address the challenges of urban planning, transport gridlock, environment and modern infrastructure
He said the 2017 budget, christened: “Golden Jubilee Budget,” was his administration’s contract with Lagosians to continue to build an all-inclusive economy throughout the year
Governor Akinwunmi Ambode had earlier on Tuesday presented the 2017 Budget proposal to the state House of Assembly for approval.
The budget, tagged: “Golden Jubilee Budget,” is N150.4 billion higher than the 2016 Budget, which stood at N662.58 billion