KADUNA TARGETS ₦120BN IGR IN 2026 — KADIRS CHAIRMAN. (PHOTO).

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 Kaduna Targets ₦120bn IGR In 2026 — KADIRS Chairman   Kaduna State has set an Internally Generated Revenue (IGR) target of ₦120 billion for the 2026 fiscal year, with the Kaduna State Internal Revenue Service (KADIRS) expected to play a central role in achieving the target. The Executive Chairman of KADIRS, Jerry Adams, FCTI, FNIM, FCE, CNA, disclosed this during the Service’s Annual Performance Review, Work Plan, and Strategic Retreat.  He explained that although the state government approved ₦74 billion as KADIRS’ official revenue target, the Service raised its internal benchmark to ₦80.09 billion to motivate staff to exceed expectations. He further stated that the proposed 2026 budget by the Kaduna State Planning and Budget Commission stands at ₦117.28 billion, with KADIRS expected to generate ₦74.28 billion, while Ministries, Departments, and Agencies (MDAs) are projected to generate ₦43.24 billion. According to Adams, the retreat was convened to strengthen implement...
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LEKKI CONCESSION COMPANY LIMITED RESUMES TOLLING AT IKOYI LINK BRIDGE ON 1st APRIL, 2022.(PHOTO).#PRESS RELEASE.

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LEKKI CONCESSION COMPANY LIMITED RESUMES TOLLING AT IKOYI LINK BRIDGE ON 1st APRIL, 2022


Following months of engagement with key stakeholders within Eti-Osa /Lekki-Epe area, Lekki Concession Company Limited (LCC) hereby officially announces the formal return to tolling operations on Friday, 1st April, 2022 at the Ikoyi Link Bridge Toll Plaza. However, toll payment will not commence until 16th April 2022.

LCC has been a worthy part of the Eti-Osa/ Lekki-Epe ecosystem and has served the community relentlessly and to the best of its ability over the years. We are encouraged by the response and the cooperation received from the vast majority of residents and stakeholders who appreciate the value we bring to bear on their daily movement and continue to register for (or update ) their toll accounts in readiness for the commencement of cashless toll collection. All the points made at the engagements are well taken. 

Whilst LCC is aware of the concerns expressed by some stakeholders regarding the return to tolling, it is common knowledge that the government cannot, on its own, meet all the infrastructural needs of the ever-growing population.

Given that the funding for the project was secured by the initial private sector sponsors and contracts were signed with various local and international financial institutions, in the spirit of respecting the sanctity of contracts, the Lagos State Government continues to meet these obligations when it bought over the shares of LCC, thereby taking over both the assets and liabilities.

To ensure a smooth return, LCC has deployed new and more efficient technology at the Ikoyi Bridge Toll Plaza. Therefore, to test run the new system and ensure a seamless interface with road users, the first two weeks will be completely toll - free.

LCC remains committed to providing a safer and better driving experience on the Ikoyi Link Bridge.

Thank you.
Signed

Yomi Omomuwasan,
MD/ CEO LCC

 

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