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April 30, 2019 LAGOS ASSEMBLY PASSES 2019 APPROPRIATION BILL INTO LAW

The Lagos state House of Assembly passed the state’s 2019 appropriation bill of 873.532 billion Naira for 2019, barely a month to the end of Governor AKINWUNMI AMBODE’stenure.

 The approval came more than 80 days after the governor presented the appropriation bill of 852.316 billion Naira on February 5, to the state assembly.

The passage followed the adoption of the report and recommendations of the house committee on budget and economic planning, headed by GBOLAHAN YISHAWU, APC-Eti-Osa II.

The house approved 393,841,387,020 Naira from the consolidated revenue fund for recurrent expenditure and 479,691,073,705 Naira from development revenue fund for capital expenditure.

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