Governor Babajide Sanwo-Olu of Lagos State, on Thursday, presented 2023 appropriation bill of N1.6 trillion to the Lagos State House of Assembly.
The 2023 appropriation bill is tagged, ‘budget of continuity’.
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Capital expenditure of N932 billion, representing 55 per cent of the total budget dominates the recurrent expenditure which is N759 billion.
It will be recalled that the governor last year presented a N1.39 trillion, codenamed, “budget of consolidation” to the assembly.
