The Lagos State House of Assembly on Tuesday passed the 2021 Appropriation Bill of N1.163 trillion, seven weeks after the budget was presented to the Assembly by Gov. Babajide Sanwo-Olu. The House passed the budget after the report of the appropriation was presented during plenary by the Chairman, Joint Committee on Economic Planning and Budget Read More…
Tag: Lagos budget
Lagos Assembly reduces state’s 2020 budget to N920.5bn
The Lagos House of Assembly has passed a resolution to reduce the size of the state’s 2020 budget from N1.68 trillion to N920.5 billion due to the economic challenges posed by COVID-19 pandemic. The resolution was made following a voice votes conducted by the Speaker of the House, Mr Mudashiru Obasa, during plenary in Ikeja Read More…
Lagos reduces budget by 21%
The Lagos State Executive Council has approved review of the state’s 2020 Budget by 21 per cent. The state Commissioner for Economic Planning and Budget, Mr Sam Egube, made this known at a press briefing on Thursday in Lagos. Egube said that this was to help mitigate the economic and social headwind precipitated by the Read More…