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Ambode To Present 2017 Budget November 29

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The Lagos State Governor, Mr Akinwunmi Ambode will on Tuesday, November  29, present the 2017 budget to the Lagos State House of Assembly (LAHA) for approval.

A statement signed by Miss Bose Lambo, the Director, Public Affairs of the Assembly, said the presentation, which will be tabled via an appropriation bill, would commence at 10am.

She urged guests to be punctual.

Ambode presented the 2016 budget of N662.58 billion to the Assembly for approval on December 17, 2015.

The 2016 budget was made up of capital expenditure of N383.678 billion and a recurrent expenditure of N278.909 billion in the ratio of 58:42 respectively as against 51:49 in 2014 and 2015.

The 2016 budget represented an improvement of 26 per cent over the budgets of 2014 and 2015 respectively, which stood at N489.69 billion.

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