Lagos State Generates N1bn From Lotteries

<div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix05EkIq09iKw06g1TGGfW9cFWURgOSum8BVI3hRBNf3gb8zRjvs3IjGJJ2FDMfoYKlQjgI_QTk1jGF6ODnJetRvYiJOwTx5_AkhycLX00NN3UVQTZIrU4W01r9DxJzLKQuWxXyY_4VDM/s1600/lagos+state+lotto.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEix05EkIq09iKw06g1TGGfW9cFWURgOSum8BVI3hRBNf3gb8zRjvs3IjGJJ2FDMfoYKlQjgI_QTk1jGF6ODnJetRvYiJOwTx5_AkhycLX00NN3UVQTZIrU4W01r9DxJzLKQuWxXyY_4VDM/s1600/lagos+state+lotto.jpg" /></a></div> <h3 style="text-align: center;"> <b><span style="font-size: large;">The Lagos State Government generated about N1 billion from lotteries in 2013, an official said on Thursday.</span></b></h3> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>The General Manager of the Lagos Lottery Board, Mr Lanre Gbajabiamila, gave the figure in Lagos at the 7th Lagos State Stakeholders’ Conference on Taxation.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>He described the figure as impressive but said that the board intended to surpass the performance in 2014.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>Gbajabiamila said that achieving the revenue target for 2014 would largely depend on patronage by the state residents.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>"I want to encourage residents to show more interest in lotteries as that would also mean more tax resources to fund education and other social services," he said.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>The general manager said that the state government was doing its best to revolutionise lottery operations and make the industry more viable.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>The General Manager, Lagos State Water Corporation, Mr Shayo Holloway, said that the government was intensifying efforts to improve water supply.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>Holloway said that poor power supply and increasing  demand for water had been major challenges to adequate water supply.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>"We recognise these two challenges, and we are doing everything possible to surmount them.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>"We have established a 12.5 megawatts independent power plant in Adiyan to improve power supply to Adiyan Water Works.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>"The 70 million-gallons-per-day Phase Two of the water works is ongoing and will be completed in 2016.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>"We have a water master plan that we are implementing; by the time we are through in 2020, we would have achieved over 700 million gallons per day and give water to all parts of the state," he said.</i></div> <div style="text-align: center;"> <i><br /></i></div> <div style="text-align: center;"> <i>Copyright NAN</i></div> <div style="text-align: center;"> <i>All rights reserved. This material may not be reproduced, published, broadcast, rewritten or redistributed without prior permission in writing from NAN.</i></div>

Lagos State lotteries N1bn Lagos State Generates N1bn From Lotteries

The Lagos State Government generated about N1 billion from lotteries in 2013, an official said on Thursday. The General Manager of th...

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