The Amuwo-Odofin Local Government targets the sum of N150, 000,000 in Internal Generated Revenue (IGR) for the 2021 fiscal year.
This revenue quest was revealed in a document obtained by INSIDEMAINLAND, which also earmarked an estimated sum of N1, 798, 237, 727.52 from its share of the national Value Added Tax (VAT) income.
These postulations indicate the Local Government’s strong economic dynamics as it plays host to international-standard high-end hoteliers, shopping mall and commercial hubs.
INSIDEMAINLAND also gathered that the local government projected to rake in an estimated N981, 172,810.65 from Statutory Federal Allocations.
In addition to other incomes sources (see breakdown below), the Local Government is expected to generate an estimated N3.3 billion in total review for the year.