Lagos Assembly approves N1.25 trillion as amended 2021 budget
The Lagos State House of Assembly on Tuesday approved a request by Governor Babajide Sanwo-Olu to amend the state 2021 budget to the tune of N1.25 trillion.
Mr Sanwo-Olu had asked the House in September 2021 to adopt a N1.164 trillion modification to this year’s Appropriation Law, reallocating N460.58 billion to N496.26 billion for recurrent expenditure and N702.93 billion to N759.59 billion for expenditure.
Speaker of the House Mudashiru Obasa presided over a voice vote which approved the amendment request and thereafter ordered the clerk to pass a clean copy of the report to the governor for assent.
During the deliberations, chairman of the House Committee on Budget and Economic Planning, Gbolahan Yishawu, read the various sectoral allocations and declared the new appropriation law as N1,256,567,592,651 trillion.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
School Abduction: Oyo assembly backs Gov Makinde’s call for international investigation
The lawmaker cautioned the public and the Nigerian Senate against misinterpreting the purpose of the state governor’s call for an international investigation.
Politics
Tuggar group rejects Bauchi APC governorship candidate Mohammed Abubakar
He dismissed Mr Abubakar’s declaration as a governorship candidate, alleging that there were no governorship primaries in the state.
Hot news Home top
Oyarzabal, Porro score as Spain beat France to reach World Cup finalÂ
Spain will face the winner of the second semi-final match between England and Argentina on Sunday.Â
Economy
PenCom cuts pension approvals to 48 hours, recovers N36 billion arrears
She said the 48-hour approval timeline had become a mandatory service standard binding on all PFAs.
Heading 5
Freed Oyo pupils, teachers reunite with families
The pupils and teachers reunited with their families on Tuesday.
NationWide
DHQ engages military veterans on welfare, national service
He said the welfare of retired personnel remained one of the top priorities of the DHQ under the current leadership.
