Lagos 2024 Budget scales second reading
The State Governor, Babajide Sanwo-Olu had on last Wednesday presented a historic Year 2024 Budget of N2.246, 234 trillion to members of the State House of Assembly.
The Speaker of the Lagos State House of Assembly, Rt. Hon, Mudashiru Obasa, has committed the 2024 Appropriation Bill to a joint committee of the House for proper scrutiny.
The State Governor, Babajide Sanwo-Olu had on last Wednesday presented a historic Year 2024 Budget of N2.246, 234 trillion to members of the State House of Assembly.
In the budget, the Capital Expenditure is a total figure of N1.224 and recurrent expenditure of N1.021 trillion.
The recurrent expenditure stands at N1.021,954trn (45%) while capital expenditure represents N1.224,280 (55%).
At the Plenary monitored by our Correspondent on Monday, Obasa urged the joint-committee on Economic Planning and Finance to ensure it works hard enough to produce a well-scrutinised budget in three weeks for the benefit of the people of Lagos State.
While commending Governor Babajide Sanwo-Olu for prese…
