The Lagos State House of Assembly is to pass the state’s 2018 Budget Bill before the end of January. The Acting Chairman of the House Committee on Information, Strategy and Publicity, Mr Tunde Braimoh, gave the assurance in Lagos on Monday. “We want to see that we consider every kobo in the budget for the benefit of Lagos residents. Governor Akinwunmi Ambode presented the proposed ‘Budget of Progress and Development’ to the Assembly on December 11. The budget size, which represents a 28.67 per cent increase over the state’s 2017 Budget of N812bn, had a capital expenditure of N699bn and a recurrent expenditure of N347bn.

Source: Punch January 08, 2018 15:11 UTC