Ambode To Present 2018 Lagos Budget On Monday
Practically the smallest state based on landmass, Lagos - the economic hub of Nigeria - has lined up a budget no other state can dare to imagine.
Lagos State governor, Akinwunmi Ambode will on Monday present the 2018 Appropriation Bill to the state House of Assembly.
The presentation will commence by 11am and guest are advised to be punctual.
"This is to inform the general public that His Excellency, Mr Akinwunmi Ambode, will be presenting the 2018 Budget Estimates to the Lagos State House of Assembly on Monday, December 11, 2017 at the Assembly Chamber, Alausa, Ikeja, by 11 a.m.
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“Attendance is strictly by invitation,” a statement by Ms Bose Lambo, Director, Public Affairs of the Assembly, reads.
Ambode presented a budget of 662.58 billion Naira for 2016 which was made up of 383.678 billion Naira capital expenditure and 278.909 billion Naira recurrent expenditure.
The 2017 Appropriation Bill of 812.99 billion Naira tagged: "Golden Jubilee Budget" was made up of a capital expenditure of "512.46 billion Naira and a recurrent expenditure of 300 billion Naira.
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