Lagos State Governor Babajide Sanwo-Olu has presented N3.005 trillion before the state House of Assembly as a proposed budget for the year 2025.
The government has tagged the budget “Budget of Sustainability”.
Sanwo-Olu stated that N1.7 trillion was proposed for capital budget, while N1.2 trillion was set aside for the coming year’s recurrent budget.
“Total revenue comprises our internally generated revenue of N1,970,897,000,000 and total federal transfers of N626,137,000,000,” the governor said.
Get instant and latest news updates via our WhatsApp Community, X/Twitter, or Google News online channel.
