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Home Latest News

BREAKING | Lagos State House of Assembly Passes N2.267tn 2024 Budget | METROWATCH

Seyi Babalola by Seyi Babalola
January 5, 2024
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Obasa

*Speaker of Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa

Governor Babajide Sanwo-Olu’s N2.2 trillion 2024 Appropriations Bill was approved by the Lagos State House of Assembly.

Speaker Mudashiru Obasa presided over a plenary on Friday during which the budget was approved, according to a statement issued by the Speaker’s chief press secretary, Eromosele Ebhomele.

“A bill for a law to authorise the issuance and appropriation of N952,430,566,998 from the Consolidated Revenue Fund for Recurrent Expenditure and N1,315,545,553,871 from the Development Fund for Capital Expenditure, thereby totaling a budget size of N2,267,976,120,869 for the year ending December 31, 2024, be passed into law,” the Speaker said on the floor of the House as the budget report was read a third time.

Details later…

Tags: Babajide Sanwo-OluBudgetLagosMudashiru Obasa
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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