Sanwo-Olu Signs 2019 Lagos Budget
Lagos State governor, Babajide Sanwo-Olu, on Monday, signed the state’s 2019 Appropriation Bill into law.
The capital expense takes up 45% of the budget while recurrent expense takes up 55% of the budget.
The budget signed by Sanwo-Olu was N21 bn higher than the budget proposed by ex-governor, Akinwunmi Ambode.
The former governor proposed a budget of N852,316,936,483 to the State House of Assembly on February 5, 2019.
Sanwo-Olu signed three other bills alongside the appropriation bill.