Lagos State 2024 Budget Scales Second Reading

Lagos Mag
Lagos Mag  - Content Writer
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Lagos 2024 Budget Scales Second Reading

 

Speaker Obasa commits proposal to joint committees

The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Monday committed the 2024 Appropriation Bill presented last Wednesday by Governor Babajide Sanwo-Olu to a joint-committee of the House for proper scrutiny.

 

Dr. Obasa urged the joint-committee on Economic Planning and Finance to ensure it works hard enough to produce a well-scrutinised budget in three weeks for the benefit of the people of Lagos State.

This was as the N2.24 trillion budget scaled second reading at a plenary presided over by the Speaker.

 

The budget has a Capital Expenditure of N1.224 trillion and a Recurrent Expenditure of N1.023 trillion and lawmakers, who spoke about it applauded Governor Sanwo-Olu for presenting an estimate that is workable if some parameters are considered.

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