Lagos Assembly passes N874 billion budget for 2019
The Lagos State House of Assembly on Monday passed the state’s 2019 Appropriation Bill of N873. 532 billion for 2019.
The passage followed the adoption of the report and recommendations of the House Committee on Budget and Economic Planning, headed by Gbolahan Yishawu . The budget size thereby totalled N873, 532, 460, 725 which is N21.216 billion higher than the budget size presented by Mr Ambode. Mr Obasa said: “That a bill for a law to authorise the issue and appropriation of N393,841,387,020 from the Consolidated Revenue Fund for recurrent expenditure and N479, 691,073,705 from Development Fund for capital expenditure thereby totalling a budget size of N873,532,460,725 for the Year ending 31st December, 2019 be passed into law.”
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