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Gov. Sanwo-Olu raises revenue target for LASTMA to N2.5 billion

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Governor Babajide Sanwo-Olu’s administration has set N2.5 billion revenue generation target for officials of the Lagos State Traffic Management Authority (LASTMA) for 2024 to be paid into the state government coffers.

 

According to the approved budget of the state by the governor for 2024, the N2.5 billion target set for LASTMA is out of the N52.48 billion cumulative expected revenue set for the ministry of transportation and agencies under its watch to generate this year.

 

Between January and September 2023, LASTMA was said to have generated N703.486 million out of the N2.35 billion revenue target set for it.

 

While the ministry itself, according to the budget, was directed to generate N11.28 billion, the Lagos State Metropolitan Area Transport Authority (LAMATA) is to cough out N10.3 billion.

 

In the same vein, the state government set N17.059 billion revenue target for the Motor Vehicle Administration Agency (MVAA), who between January and September 2023, generated N7.196 billion out of the N16.399 billion target set for it.

 

Additionally, out of the N52.48 billion revenue target for all agencies in the ministry combined in 2024, the Lagos State Parking Authority, who in 2023, generated N450.9 million between January and September out of the N1.75 billion the state government targeted for it, is expected to generate N4.1 billion this year.

 

Finally, the budget also showed that the state government has increased the revenue generation target for the Lagos State Number Plate and Production Authority for this year to N6.2 billion, from the N5.23 billion set for it in 2023.

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Kidnapped Fouani brothers rescued in Lagos

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Police in Lagos State says its operatives have rescued the three abducted Fouani brothers.

The police spokesperson in the state, Benjamin Hundeyin, confirmed their release in statement to journalists on Tuesday.

 

The three brothers, Abbas Fouani, Youssef Fouani, and Amtal Fouani, were abducted around 6pm in Lagos on June 14.

 

Fouani Nigeria Ltd specialises in electronics and is the sole distributor of LG, Hisense, and Maxi products in Nigeria.

 

According to report, the three brothers were coming from their factory by boat when they were abducted.

 

The police, on Monday, had said it was working “tirelessly” to ensure that the victims were released.

 

Vanguard gathered that the victims, including the boat driver and his assistant, were released Monday night in Orugbo Iddo.

 

While confirming their release, Hundeyin said the feat was achieved by the Lagos Marine police with support from the navy.

 

Hundeyin said the victims have since been taken to their residence.

 

“They were rescued late last night in Orugbo Iddo. Our marine police with the support of the Nigerian Navy brought them to shore,” Hundeyin said.

 

“Thereafter, our tactical team in the area took them home on Banana Island in the early hours of today.

 

“Five of them, three Lebanese, the boat captain and his assistant,” he added.

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Anambra Police Intercept Gun Runner, Recover 375 Live Cartridges

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In a significant breakthrough, the Anambra Police Command has arrested a gun runner and recovered 375 live cartridges.

 

Felix Owaya, 48, from Delta State, was apprehended by police operatives from the Fegge division on June 15 at 1:30 pm along Niger Street, Onitsha.

 

According to the police, Owaya confessed to being sent by one Mr. Charles Ogboma to deliver the ammunition to an unknown recipient.

 

The investigation is ongoing to uncover the identity of the intended recipient and the motives behind the illegal arms deal.

 

The Commissioner of Police, CP Nnaghe Obono Itam, commended the officers involved in the recovery for their vigilance and tenacity.

 

He directed all personnel in the command to sustain the tempo of crime prevention and detection in service to the people of Anambra State.

 

This latest achievement demonstrates the commitment of the Anambra Police Command to ensuring public safety and combating criminal activities in the state.

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Security

Gov. Sanwo-Olu raises revenue target for LASTMA to N2.5 billion

Published

on

By

 

Governor Babajide Sanwo-Olu’s administration has set N2.5 billion revenue generation target for officials of the Lagos State Traffic Management Authority (LASTMA) for 2024 to be paid into the state government coffers.

 

According to the approved budget of the state by the governor for 2024, the N2.5 billion target set for LASTMA is out of the N52.48 billion cumulative expected revenue set for the ministry of transportation and agencies under its watch to generate this year.

 

Between January and September 2023, LASTMA was said to have generated N703.486 million out of the N2.35 billion revenue target set for it.

 

While the ministry itself, according to the budget, was directed to generate N11.28 billion, the Lagos State Metropolitan Area Transport Authority (LAMATA) is to cough out N10.3 billion.

 

In the same vein, the state government set N17.059 billion revenue target for the Motor Vehicle Administration Agency (MVAA), who between January and September 2023, generated N7.196 billion out of the N16.399 billion target set for it.

 

Additionally, out of the N52.48 billion revenue target for all agencies in the ministry combined in 2024, the Lagos State Parking Authority, who in 2023, generated N450.9 million between January and September out of the N1.75 billion the state government targeted for it, is expected to generate N4.1 billion this year.

 

Finally, the budget also showed that the state government has increased the revenue generation target for the Lagos State Number Plate and Production Authority for this year to N6.2 billion, from the N5.23 billion set for it in 2023.

Continue Reading

Metro

Kidnapped Fouani brothers rescued in Lagos

Published

on

By

 

Police in Lagos State says its operatives have rescued the three abducted Fouani brothers.

The police spokesperson in the state, Benjamin Hundeyin, confirmed their release in statement to journalists on Tuesday.

 

The three brothers, Abbas Fouani, Youssef Fouani, and Amtal Fouani, were abducted around 6pm in Lagos on June 14.

 

Fouani Nigeria Ltd specialises in electronics and is the sole distributor of LG, Hisense, and Maxi products in Nigeria.

 

According to report, the three brothers were coming from their factory by boat when they were abducted.

 

The police, on Monday, had said it was working “tirelessly” to ensure that the victims were released.

 

Vanguard gathered that the victims, including the boat driver and his assistant, were released Monday night in Orugbo Iddo.

 

While confirming their release, Hundeyin said the feat was achieved by the Lagos Marine police with support from the navy.

 

Hundeyin said the victims have since been taken to their residence.

 

“They were rescued late last night in Orugbo Iddo. Our marine police with the support of the Nigerian Navy brought them to shore,” Hundeyin said.

 

“Thereafter, our tactical team in the area took them home on Banana Island in the early hours of today.

 

“Five of them, three Lebanese, the boat captain and his assistant,” he added.

Continue Reading

Security

Anambra Police Intercept Gun Runner, Recover 375 Live Cartridges

Published

on

By

 

In a significant breakthrough, the Anambra Police Command has arrested a gun runner and recovered 375 live cartridges.

 

Felix Owaya, 48, from Delta State, was apprehended by police operatives from the Fegge division on June 15 at 1:30 pm along Niger Street, Onitsha.

 

According to the police, Owaya confessed to being sent by one Mr. Charles Ogboma to deliver the ammunition to an unknown recipient.

 

The investigation is ongoing to uncover the identity of the intended recipient and the motives behind the illegal arms deal.

 

The Commissioner of Police, CP Nnaghe Obono Itam, commended the officers involved in the recovery for their vigilance and tenacity.

 

He directed all personnel in the command to sustain the tempo of crime prevention and detection in service to the people of Anambra State.

 

This latest achievement demonstrates the commitment of the Anambra Police Command to ensuring public safety and combating criminal activities in the state.

Continue Reading

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