Lagos posts N433.408bn revenue performance in first quarter of 2024

Ope George

Ope George briefing newsmen

By Kazeem Ugbodaga

The Lagos State Government on Thursday disclosed that it posted N433.408 billion revenue performance in the first quarter of 2024.

Commissioner for Economic Planning and Budget, Ope George disclosed this at a ministerial news conference in Alausa, Ikeja.

George said the figure represents 93 percent performance, adding that the Total Recurrent Expenditure performed at 80%, which is N189.624 billion.

On the Lagos State Single Social Register (LASSR), George said the Ministry connected poor and vulnerable households on the Register with SFMDAs, development partners, corporate organizations and other stakeholders thereby, improving the livelihoods of households and providing a holistic approach to poverty reduction in the State.

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“The Ministry has been able to register 688,759 heads of poor and vulnerable households and 2,681,507 members of households as validated by the National Social Safety-Nets Coordinating Office (NASSCO), Abuja. The LASSR is hosted on the State’s website.

“The Ministry is currently mining data for various stakeholders, including socio-functional ministries, departments, and agencies, development partners, civil society organizations and philanthropists to facilitate access to social intervention programmes aimed at uplifting the poor and vulnerable households.

“A total of 592,602 Poor and Vulnerable Heads of Households (PVHHs) have benefited from various social interventions Statewide,” he said.

 

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