Lagos Assembly Appropriation Committee approves N852.317bn 2019 budget

April 27, 2019
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National Daily learned that the Committee Chairman, Gbolahan Yishawu,
read out details of several adjustments the committee made in the
proposed appropriation bill. Some of the adjustments were identified
to include special considerations given to some ministries,
departments and agencies where the committee felt would require more
funds while the budget is being implemented throughout the year.
Some of the agencies were identified to include the Lagos State
Building Control Agency, the Ministry of Environment, among others.
The appropriation committee highlighted that members recommended the
House approval of appropriation of a sum of N389,560,227,242 from the
Consolidated Revenue Fund for Recurrent Expenditure and a sum of N462,
756, 709, 241 from Development Revenue Fund for Capital Expenditure,
culminating into a total budget of N852.317 billion for the year
ending December 31, 2019.
Part of the recommendations made by the committee focused on the need
for the House to set up committees that would look into the execution
of some capital projects recently embarked upon by the executive arm
without the approval of the House.
The report was adopted for debates but was subsequently suspended for
deliberations to a later date.

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