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MONTHLY IGR IN LAGOS NOW N34BILLION- ASHADE
… Says N50bn Revenue Target By 2019 Still On Course
…Receives N327m From 13% Oil Derivation
The Lagos State Government on Monday said that it has so far achieved an average monthly Internally Generated Revenue (IGR) of N34billion in 2018 compared to monthly averages of the last three years.
Commissioner for Finance, Mr. Akinyemi Ashade who disclosed this at the ongoing annual Ministerial Press Briefing to mark the third anniversary of Governor Akinwunmi Ambode’s administration held at Bagauda Kaltho Press Centre in Alausa, attributed the gradual improvement to the impact of the ongoing reforms and growth in the State’s economy.
He said, “Notably, we are recording gradual improvement in our average monthly IGR in 2018 compared to the levels achieved in previous years due to the impact of ongoing reforms and growth in the State’s economy. Based on our first quarter results, Lagos State has so far achieved an average monthly IGR of N34billion in 2018 compared to monthly averages of N22bn, N24bn and N30bn in 2015, 2016 and 2017 respectively.”
The Commissioner expressed optimism that the IGR would continue to rise even further as the State continues to implement the various reforms, driven by wider technology adoption and innovation, adding that the target to grow the State’s IGR to N50bn by next year was well on course.
“The target we set for ourselves is N50billion but we all know the kind of push backs we have experienced including people going to court and all that. Our commitment is not for now, its for the future of Lagos. We know it’s a marathon, we would win some and we would lose some, but we are very committed towards ensuring that we meet the target, but if we don’t meet it this year, definitely there would be another year, but we believe we would succeed in that target we set for ourselves,” Ashade said.
On Federal Transfers, he said since Lagos joined the league of oil producing State, the Government had received a total of N327million revenue, comprising N197million and N130million received in 2017 and first quarter of 2018 respectively.
“Furthermore, we are in ongoing discussions with the Federal Government towards obtaining a refund for expenditure totalling N51billion that was incurred by the State Government on behalf of the Federal Government for infrastructure projects developments in the State. We are optimistic of successful discussions that will result in the approval and payment of the amount owed to the State Government by the Federal Government,” he said.
Giving an update on the State’s Debt Profile, Ashade said the Government’s debt stock, comprising 48 per cent local debt and 52 per cent foreign debt currently stood at N874.38billion at the end of 2017 while the debt service charge to total revenue ratio which stood at 17.61 per cent was still within the World Bank threshold of 30 per cent.
The Commissioner said the State Government has continued to maintain a positive credit rating, however, adding that a downgrade of Nigeria’s sovereign rating would lead to a corresponding action on Lagos’ international drawing rights.
“As Nigeria continues to improve on its credit rating, we would be able to achieve better rating as we currently have because no amount of revenue generation, no amount of employment growth of Lagos State can make us surpass to surpass the sovereign rating,” he said.
He, however, said that the State Government has taken some strategic steps to help Nigeria improve on its ratings including adhering to fiscal discipline, improved revenue generation, reforms in infrastructure development, transport and embedded power.
Giving an update on the revised Land Use Charge (LUC), Ashade said the State Government has continued to engage critical stakeholders in line with its tradition of inclusive governance, adding that a wide range of response have been received.
He said the extensive discussions led to several concessions on Land Use charge for property owners across board, adding that a revised bill to further amend the LUC Law to incorporate the additional concessions was presently before the House of Assembly and would be passed soon.
Besides, the Commissioner said the Government through the LUC Assessment Appeal Tribunal, received a total of 1,503 complaints, out of which 1,113 were successfully resolved administratively and through mediation, adding that an additional 263 property owners/agents had their grievances resolved in the last two weeks and more still ongoing.
Ashade also urged residents to continue to support the government by fulfilling their civic duty of paying their taxes and remitting all taxes collected on behalf of the Government as and when due, assuring that the present administration was committed to maintaining financial accountability and transparency for the overall development and prosperity of the State.
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Tayo Ayinde: The Quiet Engine of Lagos’ Governance
In the complex theatre of governance, where noise often masquerades as impact, few figures embody disciplined authority and strategic boldness like Tayo Ayinde, Chief of Staff to Governor Babajide Sanwo-Olu of Lagos. He is not a headline-chasing leader. Instead, Ayinde represents a rare breed, a calm but commanding operator whose strength is expressed through control, precision, and unwavering loyalty.
Ayinde’s personality is deeply rooted in his formative years within Nigeria’s security architecture. Having served in the State Security Service (SSS), where he rose through the ranks before retiring in 2009, he developed a mindset shaped by vigilance, intelligence gathering, and calculated decision-making.
This background did not just shape his career; it defined his temperament. Those who have observed him closely describe a man who is perpetually alert, mentally agile, and instinctively strategic. He anticipates rather than reacts and focuses on outcomes rather than optics.
His boldness, therefore, is not performative; it is institutional.
Nicknamed “Buffalo” by colleagues and associates, Ayinde’s personality reflects a striking paradox: gentle in appearance, yet formidable in execution. He carries a commanding presence while maintaining a composed and approachable demeanor. In political and administrative circles, he is known to demonstrate focus under pressure, maintain emotional discipline in crisis situations, and project authority that commands respect without coercion.
This blend of calmness and inner strength is what makes his leadership style uniquely effective. He is the type of leader who can enter a room quietly and still shape its direction.
Within the Lagos State Government, Ayinde is more than a chief of staff in title; he is widely regarded as the operational nucleus of the administration. He coordinates complex policy frameworks with precision and serves as a critical bridge between political leadership and administrative execution. In doing so, he manages competing interests without destabilizing governance.
President Bola Ahmed Tinubu has described him as a dependable ally and a stabilizing force, an acknowledgment of his ability to manage responsibility without being consumed by it.
Ayinde’s office is often described as a “solution centre”, a place where issues are addressed with clarity and speed rather than prolonged debate.
In Nigeria’s often unpredictable political environment, loyalty can be fluid. Ayinde, however, represents a different doctrine: loyalty as a strategic principle. From his days as Chief Detail to President Bola Ahmed Tinubu to his current role, he has built a reputation as a leader who understands power, respects hierarchy, and safeguards institutional continuity.
His consistency stands out. He does not shift with political winds, nor does he deploy influence for personal spectacle. Instead, he prioritizes structure, stability, and long-term outcomes. This approach has earned him a trusted position within Lagos’ political landscape, with credibility that cuts across different interests.
Beyond governance, Ayinde’s personality reveals a strong humanitarian dimension. Known for his quiet philanthropy, he has supported widows, orphans, and vulnerable communities over the years, often without public attention. His Ikeja residence is frequently described as an “open door,” reflecting a leadership philosophy grounded in accessibility and compassion.
This balance of firmness in leadership and empathy in human engagement, completes the architecture of his character.
In an era where leadership is often equated with visibility, Tayo Ayinde represents a different model, one defined by substance over spectacle. He is a strategist who thinks ahead, a coordinator who turns policy into reality, and a steady hand in complex systems.
His story is not one of flamboyance but of structured influence, disciplined authority, and consistent delivery. His impact is measured not by volume, but by his ability to guide outcomes, stabilize systems, and sustain governance at the highest level.
In the evolving narrative of Lagos State, Ayinde stands as a reminder that true power does not always announce itself. It operates, delivers, and endures.
~ Ayo Olusegun Writes
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Why Oshodi-Isolo Constituency 1 Should Stand with Engr. Abayomi David Fasanya (FASH)
By Ayodele Adeyeye
In every electoral cycle, constituents are presented with a familiar challenge: choosing not just a candidate, but a leader who embodies the values, vision and commitment required to drive meaningful development. For the people of Oshodi-Isolo Constituency 1, this moment calls for careful reflection and a decisive choice—one that prioritizes credibility, competence and community connection.
Among those seeking to represent the constituency, Engr. Abayomi David Fasanya (popularly known as FASH) has emerged as a compelling option, distinguished by his track record, grassroots engagement and forward-looking vision
At a time when public trust in leadership is often tested, FASH represents a refreshing alternative. He is widely regarded as a man of integrity, whose approach to leadership is rooted in service rather than self-interest. His long-standing connection with the people of Oshodi-Isolo Constituency 1 gives him a clear understanding of the socio-economic realities facing residents—from youth unemployment and infrastructure deficits to the need for sustainable community development.
One of the defining attributes of FASH’s candidacy is his strong grassroots appeal. Unlike many who approach leadership from a distance, he has remained closely connected to the community, engaging with residents, listening to their concerns and participating in initiatives aimed at improving their welfare. This familiarity positions him not just as a representative, but as a true voice of the people.
Equally important is his emphasis on service-driven leadership. In a political climate often dominated by rhetoric, FASH’s message is centered on tangible impact. His agenda reflects a commitment to delivering practical solutions—policies and programs that directly address the needs of the constituency while creating opportunities for growth and empowerment.
Furthermore, FASH has consistently advocated for unity and collective progress. He recognizes that the development of Oshodi-Isolo Constituency 1 depends on collaboration across diverse groups and interests. By promoting inclusiveness, peace and shared purpose, he aims to foster an environment where progress is not only achievable but sustainable.
Central to his campaign is a clear and actionable vision for development. This includes prioritizing youth empowerment through skills acquisition and job creation, supporting small and medium-scale enterprises and advocating for improved infrastructure and social services. His professional background as an engineer further strengthens his capacity to approach development with structure, innovation and efficiency.
As the constituency prepares to make a critical decision about its future, the need for leadership that inspires confidence and delivers results cannot be overstated. Oshodi-Isolo Constituency 1 deserves a representative who will illuminate pathways to progress, restore hope in governance and ensure that the dividends of democracy reach every corner of the community.
Engr. Abayomi David Fasanya (FASH) presents himself as that candidate—one ready to serve with dedication, guided by a vision of light, growth and inclusive development.
The choice ultimately rests with the people. But in FASH, many see not just a contender, but a leader prepared to translate aspiration into action and promise into progress.
Asoludero fun ilu Oshodi.
Ayodele Adeyeye writes from, Mafoluku, Oshodi, Lagos State
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Court Strikes Out Case Against Adedipe Ewenla, Alleges Political Persecution
A former aspirant for the Lagos State House of Representatives and chieftain of the Peoples Democratic Party (PDP), Hon. Prince Amb. (Dr.) Adedipe Dauda Ewenla, has announced that the Federal High Court sitting in Ikoyi has struck out a case instituted against him, citing lack of merit and absence of credible evidence.
Describing the judgment as a clear vindication, Ewenla attributed the outcome to divine intervention, maintaining that the allegations brought against him were false, malicious, and politically motivated.
Allegation of Unlawful Detention
In a statement made available to the public, Ewenla recounted his alleged unlawful detention for 37 days in 2019 during his political aspiration. He claimed the incident occurred under the tenure of the then Commissioner of Police and was orchestrated by political opponents seeking to frustrate his ambition.
He emphasized that participation in politics is a constitutional right of every Nigerian and expressed concern that his experience reflected a troubling reality for opposition members in Lagos State.
Declared Wanted Without Due Process
Ewenla further alleged that he was declared wanted without prior invitation or formal communication from security agencies. He maintained that he did not evade arrest but voluntarily presented himself at the OC SARS, Ikeja Police Command upon learning of the allegations.
According to him, due process was not followed, as he was detained for 37 days, while his wife was held for nine days, alongside several members of his campaign team who were also detained for varying periods.
Alleged Political Influence
He also alleged that during his detention, an Investigating Police Officer questioned his involvement in opposition politics, suggesting that his release was subject to directives “from above.” Ewenla described this as evidence of political interference in the matter.
He stated that his eventual arraignment and release on bail came only after sustained legal intervention and the invocation of his fundamental human rights.
Pipeline Vandalization Allegation
Addressing claims linking him to a pipeline vandalization incident in Abule-Egba in December 2018, Ewenla denied any involvement. He noted that statements from actual suspects reportedly absolved him, yet he was still declared wanted and publicly associated with the crime.
He added that he was never paraded alongside the suspects, which, according to him, further indicates an attempt to tarnish his reputation.
Claims of Political Intimidation
Ewenla alleged continued political intimidation following his refusal to defect to the ruling party. He claimed that after emerging victorious in a House of Representatives primary election in 2022, a previously dismissed case was revived amid internal party disputes.
He noted that the matter was eventually dismissed again, leading to his discharge and acquittal.
Call for Professionalism by Security Agencies
Ewenla called on security agencies, including the Nigeria Police Force, the Nigeria Security and Civil Defence Corps (NSCDC), the Department of State Services (DSS), and the Nigerian Army, to remain neutral, professional, and free from political influence, particularly as the 2027 general elections approach.
He also urged media organizations and journalists to prioritize verification and accuracy in their reporting to prevent the spread of misinformation.
Commitment to Political Participation
Despite the challenges, Ewenla reaffirmed his commitment to active political participation, stating that he remains undeterred and will continue to contribute to democratic processes.
When asked about his plans for the 2027 general elections, he stated that his decision would be guided by the direction of the party leadership and relevant legal outcomes affecting the PDP.
Appreciation
He expressed gratitude to his legal team, associates, and supporters, including Barrister Ejide Lawal, Omolola Oyetoro, Adedipe Modupe Oyinlola, Omolola Salami, the late Babatunde Kode, Adedipe Nuren, Adekunle, and Shodiya Abraham Adebayo, among others, for their steadfast support.
Background
Hon. Prince Amb. (Dr.) Adedipe Dauda Ewenla is the MD/CEO of Adedas Development Foundation. He holds multiple academic and professional qualifications, including BSc, B-Tech, MSc, and certifications in surveying, real estate, and security studies. He currently serves as PDP Southwest Ex-Officio.
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