Lagos Plans to Deploy 10,000 CCTVs to curb insecurity

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Lagos Governor

The Lagos State Government monday disclosed an ambitious plan to deploy 10,000 close-circuit televisions (CCTVs) to stem the incidence of crime and insecurity in the megacity.

The state government also disclosed that it would borrow a whopping sum of N119.714 billion from internal and external sources including the World Bank to fund the 2016 appropriation bill, which the state governor, Mr. Akinwunmi Ambode signed into law monday.

The Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade unveiled the plans at a news conference he addressed at the State House, Alausa alongside his counterparts, Mr. Mustapha Akinkunmi (finance) and Mr. Steve Ayorinde (information and strategy) among others.

The signing of the 2016 budget was witnessed by some members of Lagos State House of Assembly led by Chairman of the House Committee on Budget and Planning, Hon. Rotimi Olowo and some federal lawmakers led by a senator representing Lagos West Senator Olamilekan Solomon.

But at the news conference, Ashade pointed out the state’s Smart City project, which he said, was targeted at deploying technology to fight crime and enhance security across the state.

He said the project was designed to increase the coverage of CCTV installations in the state with the target to deploy over 10,000 active cameras that would be connected to broadband in the space of four years.

He said the state government would first reactivate the existing 1,000 CCTVs, which he said, was abandoned by the federal government under the administration of former President Goodluck Jonathan.

The commissioner also disclosed that of the 10,000 CCTVs already scheduled for deployment within a period of four years, the state government would deploy 3,000 under the current fiscal year as part of the first phase of the project.

Though the state government earmarked N23.5 billion for security, law and order in the state, Ashade clarified that the Smart City project was factored into the Ministry of Science and Technology budget wrapped up at N9.6 billion under the current fiscal year.

Also at the conference, the commissioner disclosed that the state government would borrow a sum of N119.714 billion to the 2016 budget with a size of N662.588 billion, representing about 18.06 per cent.

He said the budget “has a size of N662.588 billion, which is 26 per cent higher than the budgets of 2014 and 2015 respectively. Total revenue is estimated at N542.873 billion with a deficit financing of N119.714 billion.”

The commissioner added that the deficit of N119.714 billion would be sourced through a combination of internal and external loans including the World Bank Development Policy Operations (DPO III), which he said, could not be sourced under the 2015 fiscal year.

If it finally borrows N119.714 billion as proposed, the state’s debt profile will rise to N537.917 billion due to a whopping sum of N418.203 billion debt that the administration of former Governor Babatunde Fashola bequeathed on the Ambode administration.

But Ashade put the state’s total internally generated revenue at N419.826 billion representing 77 per cent of the total revenue, noting that the remaining N123.048 billion “is expected from a combination of statutory allocation and value added tax collectively referred to as federal transfers.”

The commissioner added that the Lagos Internal Revenue Service (LIRS) “is expected to generate a tidy sum of N300 billion equivalent of the total internally generated revenue (TIGR).”

However, the governor signed the 2016 appropriation bill into law at the State House monday, noting that the budget would enable the state government focus on diverse challenges of security and gridlocks among others.

Ambode thanked the state House of Assembly for quick passage of the budget, adding that considering the challenging period the country is into, the budget would be mostly financed through IGR.

Ambode therefore appealed to Lagos residents to pay their tax appropriately as government would use the fund to provide their essential needs, explaining that the state government “will leave nothing to chance at ensuring that the dividend of democracy is delivered.” is your one-stop online news magazine blog. We report credible information as they happen. Follow us on Facebook and Twitter to get Latest Information.
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