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Breaking: Sanwo-Olu presents N1.4trn budget for 2022

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Lagos State Governor, Babajide Sanwo-Olu has presented a budget proposal of N1.4 trillion for the state’s 2022 fiscal year to the State House of Assembly for consideration and approval.

The proposed 2022 budget is N138 billion higher than the 2021 budget, which stood at N1.25 billion.

The governor, had on November 10, 2020, presented year 2021 budget estimates of ₦1.155 trillion, tagged “Budget of Rekindled Hope,” to be funded through projected total revenue of ₦962,528 billion before members of the state House of Assembly.

 




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