Sanwo-Olu presents N1.69 trillion appropriation bill to Lagos assembly

1 min read
appropriation bill

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’.

Read more: Obaseki unwise for wishing Nigeria’ll break up if APC wins – Tinubu

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.

Leave a Reply

Your email address will not be published.

Latest from Blog

Verified by ExactMetrics