Data on Lagos State Finances (2016-2018)

Between 2016 and 2018, Lagos State Government has spent N712.76 billion on recurrent expenditure while N703.36 billion was spent on capital expenditure. While N122.595 billion was obtained as Federal Allocation from 2016 to 2018, the Lagos state government was able to generate N853.95 billion as tax revenue during the same period under review. Lagos state […]

Understanding Lagos State Finances and its Preference for External Debt over Internal Debt

Lagos State Government recently released its financial statement and we provide an insightful analysis into the state finances and its debt profile.

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