A former deputy national chairman of the People’s Democratic Party, Chief Olabode George, has allegedthat the development in Lagos State is not commensurate with the internally generated revenue (IGR) of the state.
He was reacting to a statement weekend by a former governor of the state and national leader of the All Progressives Congress, Asiwaju Bola Tinubu, that Lagos had witnessed tremendous developments over the years.
George told newsmen yesterday that with between N40bn to N50bn being generated every 30 days in the state, there was little to show for it.
He alleged mismanagement of the state’s resources, stressing that Lagos, being the commercial capital of West Africa, ought to have developed much better.
He noted that there is widespread despondency in the state and high level of youth restiveness, saying the youths who were roaming about the street as thugs could have been engaged through skills acquisition programmes.
“We have an emperor here who has appropriated every inch of our resource to his own pocket. The people who started the Otoge are his followers.”
“There’s nothing that has a beginning that would not have an end”, he said.