GOV. SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS.(PHOTOS). #PRESS RELEASE.

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SANWO-OLU IN LONDON SEEKS FOREIGN INVESTMENTS, PARTNERSHIPS   •Governor charges Commonwealth states to bring capital, technology, expertise to Lagos The Governor of Lagos State, Mr. Babajide Sanwo-Olu, on Monday charged the Commonwealth’s 56 member states to invest in Africa, particularly Lagos, by bringing their capital, technology and other expertise, promising that they will find not just market and opportunity but partner and relationship.   He said the Commonwealth's greatest advantage is not simply its shared language, shared laws or shared history but its people, noting that nowhere is that advantage more vivid, dynamic or consequential than in Africa.   Speaking as a Keynote Speaker at the opening ceremony of the Commonwealth Trade and Investment Summit held at Mansion House, London, on Monday, Governor Sanwo-Olu said Lagos is ready for partnerships and relationships with global investors.   The theme of the opening session is “The Commonwealth's Advantage". ...
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ENUGU GOVT TARGETS N509BN IGR FOR 2025, REAFFIRMS COMMITMENT.(PHOTO).

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 Enugu Govt Targets N509bn IGR for 2025, Reaffirms Commitment


The Enugu State Internal Revenue Service (ESIRS) has reiterated its determination to achieve the proposed N509 billion Internally Generated Revenue (IGR) target for 2025.  


Speaking at a Holy Mass to mark the start of the new work year at the ESIRS headquarters on Thursday, the agency’s Executive Chairman, Emmanuel Nnamani, commended residents for their exemplary tax compliance in 2024. He described the 2025 target as ambitious but achievable.  


“This may seem daunting, but we have proven our ability to exceed expectations,” Nnamani said. He outlined strategies to boost revenue, including improved collection of land use charges, stamp duties, taxes on rental income, and recovery of outstanding local government taxes.  


Nnamani emphasized the government’s commitment to efficient project execution, describing the revenue target as a catalyst for transformative initiatives that would benefit all residents. “With your continued support, we will bring more development and prosperity to our state,” he assured.  


He also highlighted the importance of tax audits, warning that defaulting companies would face scrutiny to ensure compliance. Nnamani pledged that every eligible entity would contribute their fair share toward Enugu State’s development.  


The ESIRS Chairman urged citizens and the government to work together to achieve greater milestones in 2025.

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