Members of the Lagos State House of Assembly, during plenary on Monday, read the Year 2024 appropriation bill of N1,023,785,080,601 for the second time.
Commending Governor Babajide Sanwo-Olu for presenting a workable budget, Chairman House Committee on Budget and Appropriation, Hon. Sa’ad Olumoh, said the budget should be critically looked into in terms of content and context.
“The budget should be carefully looked into to minimise waste, so as to bring out the best of it,” he said.
In his contribution, Hon. Femi Saheed said the budget came at a time when inflation continues to skyrocket and the exchange rate is high.
“All leakages must be blocked,” he said while highlighting some sectors that should be focused on.
Hon. Kehinde Joseph, who also expressed his view, explained that there was need to look into the dedicated revenue just as he objected to the idea of tax increment.
In his submission, Hon Suraju Tijani said that the budget is realistic and will be a performing and functional one. “The budget should also focus on the agricultural sector,” he said.
Hon. Stephen Ogundipe and others who contributed reiterated the need for the budget to focus on security, water transportation, health, education and infrastructure.
The Speaker, Rt. Hon. Mudashiru Obasa, thereafter, committed the appropriation bill to the joint committee on Appropriation and Finance to report back in three weeks.
The House adjourned indefinitely.
