Lagos State Government through the Ministry of Physical Planning and Urban Development has signed a Memorandum of Understanding , with eTranzact, a foremost Fintech Company, to curb unregulated development, manage setbacks and open spaces and improve beautification of the environment in Lagos State.
The Memorandum of Understanding will strengthen the partnership between Lagos State Planning and Environmental Monitoring Authority , LASPEMA and eTranzact, to sanitise and regulate activities of setbacks and Incidental Open Spaces .IOS, and ensure physical orderliness in Lagos State.
With its MoU with the Ministry of Physical Planning and Urban Development, eTranzact, will deploy an integrated technology solution for data collection, management, and digitization of revenue collection processes from the informal business players operating on the setbacks and Incidental Open Spaces in Lagos State to regulate setbacks and enhance the State Internally Generated Revenue.
