Home Lagos Lagos Parastatals reiterates commitment to boost state’s revenue

Lagos Parastatals reiterates commitment to boost state’s revenue


The Lagos State Parastatals Monitoring Office has restated its commitment to boosting the state’s revenue to provide the government with the needed funds to meet the developmental needs of the state.

The Permanent Secretary, Parastatals Monitoring Office, Dr Olugbenga Aina, disclosed this at the monthly two-day revenue meeting with heads of state’s agencies and parastatals.

A statement on Thursday quoted Aina as saying that the contributions of the heads of agencies/parastatals would make it possible for the administration of Governor Babajide Sanwo-Olu to meet the yearnings of the populace.

He noted that one of the core objectives of the PMO was the consolidation of the activities of all parastatals/agencies of the state, “which includes revenue generation as well as monitoring and reporting to the governor all activities relating to revenue generation in agencies.”

He added that the government aims to “lay a very solid foundation for a world-class economy, a smart city that would be able to compete with others around the world,” stressing that these can only be achieved if all stakeholders “drive revenue generation in their respective offices.”



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