Lagos state governor, Babajide Sanwo-Olu is expected to present the state’s 2024 budget estimate on Wednesday before the lawmakers for consideration after several consultations with major stakeholders in the state.
Unlike the 2023 budget presentation that occured in October 2022, the cause of the delay for this year’s presentation is unknown but political observers opined that it may be due to the frosty relationship that seems to be existing between the governor and the House of Assembly.
The Appropriation Bill, which will highlight the details of planned capital projects, recurrent expenditure and anticipated revenue for the fiscal year, will follow the over 80 % impressive performance of the Year 2023 Budget in Capital Expenditure across Q1, Q2 and Q3.
