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Lagos targets N886.041bn IGR in budgeted N1.169trn for 2020

…capital-to-recurrent expenditure ratio at 61:39 …budgetary provision for personnel cost includes new minimum wage

Lagos State government is targeting total internally generated revenue (TIRS) of N886.041 billion in the budgeted N1.169 trillion for 2020. The performance of the budgeted N1.169 trillion is expected to be well above the record 80 percent it achieved as at the fourth quarter of 2019. The current administration which has put several measures in…

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