Such substantial deployment of revenue to infrastructure is indeed justified if real progress must be achieved. A population figure of 24 million or 48 million in 2025 creates a huge infrastructure challenge, no doubt. A regular visitor to Lagos State who has been away for three, four years will be pleasantly surprised to see the physical transformation all around. “The resources are not so huge as to make Lagos globally competitive and deliver the social infrastructure we all crave,” says Ambode, speaking on the huge infrastructure financing handicap. Of the about 13 million taxable population in Lagos State, only about 30 per cent pay their taxes consistently and accurately.

Source: The Guardian January 19, 2018 03:56 UTC