The Lagos State House of Assembly on Monday passed the state’s 2019 Appropriation Bill of N873. 532 billion for 2019.
The approval came more than 80 days after Gov. Akinwunmi Ambode presented the 2019 appropriation bill of N852. 316 billion on February 5 to the state assembly.
The passage followed the adoption of the report and recommendations of the House Committee on Budget and Economic Planning, headed by Mr Gbolahan Yishawu (APC-Eti-Osa II).
The house approved N393, 841, 387, 020 from the Consolidated Revenue Fund for recurrent expenditure and N479, 691, 073, 705 from Development Revenue Fund for capital expenditure.
The budget size thereby totalled N873, 532, 460, 725 which is N21.216 billion higher than the budget size presented by Ambode.
The Speaker of the House, Mr Mudashiru Obasa, commended Yishawu and members of his committee for a thorough scrutiny of the budget.
