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SANWO-OLU PRESENTS ₦‎1.69TRN 2023 BUDGET TO LAGOS ASSEMBLY

The Lagos State Governor, Babajide Sanwo-Olu has presented a ₦1.69 trillion ‎budget to the state House of Assembly for the year 2023.

The ‘budget of continuity’ was presented on Thursday.

According to the breakdown given by the governor, capital expenditure will take ₦932 billion, representing 55 percent of the total budget, while recurrent expenditure will gulp ₦759 billion.

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Last year, the Governor presented a ₦1.39 trillion ‘budget of consolidation’ to the Assembly.

 

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