BREAKING: Gov. Sanwo-Olu Presents N1.388trn 2022 Budget

Lagos State Governor, Bababjide Sanwo-Olu, has presented a budget estimate of N1.388 trillion for the 2022 fiscal year.

The budget tagged ‘Budget of Consolidation’ was presented by governor Sanwo-Olu on Wednesday, at the State House of Assembly chambers for consideration and approval.

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Capital expenditure in the budget was estimated to be N823.35 billion, while recurrent expenditure was put at N564.93 billion.

Details shortly…

Victor Ezeja

Correspondent at Prime Business Africa | + posts

Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.

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