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Lagos will be Africa’s model mega-city by 2025 – Ambode

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Akinwunmi Am­bode of on Tuesday said the would by 2025 be ’s megacity, a global, economic and financial hub that is safe, secure, functional and productive.

He also said that almost half of the ’s Internally Gener­ated Revenue is used for the pay­ment of salaries, including pen­sions and gratuities.

He said that as a as a result, is expected to explore the economic potentials of the State to meet the needs of the citizenry.

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The made the submis­sion on Tuesday at the gathering of captains of industry and top officials at a programme, “Lagos Means Business’’

This event presents a platform for all concerned stakeholders to chat a path for the future of Lagos without any sentiment.

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“This administration has decid­ed to focus on three key areas of Power, Education and transport as a way of affecting other sectors of the society indirectly.

“The challenges of Lagos is enormous and it demands a strate­gic and proactive approach.’’

Lagos, he said needs structured corporate social responsibility tar­geted at initiatives that would be mutually beneficial to private sec­tor and government.

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The government, he said, would continue to support private sector and pleaded: “We are not true citi­zens until we become responsible tax payers.”

Ambode assures every Lagos res­ident that he would make their tax­es work for them with a transparent and incorruptible government with good value for taxes paid.

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He said that taxable adult in La­gos are eight million out of which only 700,000 pay taxes.

We will tax those who are rich so as to protect them. That is what property tax which law was enact­ed in 2002 is saying.

After 17 years, the law had not been reviewed.

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