Lagos not immuned to economic vagaries, says Fashola

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The Lagos State Governor Babatunde Fashola has warned that the state is not immune to the current economic realities that have made it impossible for some state governments to pay salaries of workers.

Fashola spoke on Wednesday at the public lecture of the Institute of Directors of Nigeria, which also included the inauguration of a book, ‘Example: The Era Of Babatunde Raji Fashola as Governor of Lagos State’, edited by the Editorial Board Chairman of The Nation, Sam Omatseye.

Fashola explained that while some states were owing staff salaries for several months, Lagos could afford to pay its workers because of the dedication and commitment of his team, who in the last eight years had worked hard to deliver qualitative service to the people.

“In contemporary times, Lagos, like all states, is not immune to the current economic realities of dwindling revenues. However, by hard work and commitment, it is insulated from some of the consequences, such as unpaid salaries of public servants.”

He explained that the monthly internally generated revenue and allocation from the federation account were not enough to meet the demand of over 21 million residents in the state, adding that the government maintained a healthy reputation that gained confidence of investors because it had constantly met its financial obligations.

The governor said the state would continue to wax stronger, saying all the established institutions were strong, with a motivated workforce.

Fashola added that the government had left a development plan from 2012 to 2025 to address the remaining challenges of rail, water supply, wastewater and sewage treatment, tourism expansion, residents’ registration, technology development and many more.

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