Lagos State Governor, Mr. Bababjide Sanwo-Olu, has concluded plans to present over N1.374 trillion Year 2022 Appropriation Bill before members of the State House of Assembly on Wednesday, November 24, 2021, at Alausa, Ikeja.
The budget presentation was initially scheduled for November 17, but was rescheduled due to some circumstances.
Sanwo-Olu, is scheduled to present the budget estimates before the lawmakers for consideration and approval in line with provisions of the constitution
The event is expected to kick off by 11.am, at the state Assembly Complex, Alausa, Ikeja, with members of the state executive council in attendance.
The 2022 budget estimates is a bit higher than that of the outgoing year, 2021 of N1.163 trillion.
Recall that the governor, had on November 10, 2020, presented Year 2021 budget estimates of ₦1.155 trillion, christened: Budget of Rekindled Hope,” to be funded through projected total revenue of ₦962,528 billion before members of the state House of Assembly.
Instructively, the state House of Assembly, subsequently, in its considerations increased the budget size to N1.163 trillion.
