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Sanwo-Olu Signs Lagos State 2019 Appropriation Bill Into Law

The new governor of Lagos State; Babajide Sanwo-Olu has signed the Lagos state 2019 Appropriation bill into law. The bill which amounts to N873,532,460,725 was signed by the governor on Monday.

Sanwo Olu signing the Bill

Image Credit: Prompt

The proposed budget was N852bn was submitted to the State House of Assembly on February 5, 2019 by former Governor Akinwunmi Ambode but it was increased by N21bn by the lawmakers. After submission, the House deliberated on it and finally passed it on April 30, 2019. The budget has recurrent expenses of N393, 841, 387 (45 per cent) Capital expenses of  N479, 691, 775 (55 per cent).

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