Lagos Assembly to pass 2018 budget January ending

THE  Lagos State House of Assembly is set to pass the state’s 2018 Budget on the 31st of January, 2018. Mr. Tunde Braimoh, who is the Acting Chairman, House Committee on Information, Strategy and Publicity disclosed this on Monday.

“We are working round the clock; we have denied ourselves holidays, even weekends, to see that we bring to bear our impact on the budget for quick passage.We are, however, embarking on careful scrutiny, consideration, repositioning and re-aligning of the budget where necessary.We want to see that we consider every kobo in the budget for the benefit of Lagos residents.

“We are going to be assiduous, meticulous and circumspect to ensure that the budget is adapted for the betterment of Lagosians”, said Braimoh.

The lawmaker further hinted  that the assembly would break new grounds in 2018 to bring more dividends of democracy to Lagos residents, adding  that the House would show greater understanding with the executive arm to meet the yearnings and aspirations of the people.

It would be recalled that the House had earlier on December 18, 2017 set up a seven-man committee to scrutinize the state’s N1.046tn budget proposal, while the governor, Akinwunmi Ambode presented the proposed ‘Budget of Progress and Development’ to the Assembly on December 11, 2017.

According to the budget size, which represents a 28.67 per cent increase over the state’s 2017 Budget of N812bn, had a capital expenditure of N699bn and a recurrent expenditure of N347bn