Tuesday, 22 September 2015

Re-ordering of 2015 budget : Lagos Assembly approves Ambode’s request

The Lagos State House of Assembly on Tuesday approved the re-ordering
 of the Year 2015 budget of the state government as requested by
 Governor Akinwunmi Ambode.
The House approved N19, 743, 164, 323 for capital expenditure and
N5, 697, 089, 009 for recurrent expenditure bringing the total approved
 sum to N25, 440, 253, 332.
The House also admonished the Ministry of Economic Planning
and Budget to henceforth do a quarterly review of approved budget
to enhance effectiveness and determine level of compliance by
the Ministries, Departments and Agencies (MDAs).
lagos-house-assembly_0


It would be recalled that Governor Ambode had last week presented
letter to the House titled, “titled: “Re-ordering of priorities under the 2015 Budget”.
According to the letter, the Governor listed the reasons for the re-ordering
to include construction of a pedestrian bridge at Ojodu Berger, construction
 of fly-over bridges at Ajah Roundabout and Pen Cinema, Agege.
The letter added that the budget re-ordering proposal would cater
for the continuation of the construction of blue light rail project, continuation
of the construction of the Lekki-Epe Expressway and acquisition of emergency/rescue
 helicopters and heavy duty equipment (cranes and forklift) and for Employment
Trust Fund and Wealth Creation Programmes.

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