Lagos State Governor Sanwo Olu Presents N1. 388trillion 2022 Budget To Lagos Assembly
Mr. Babajide Sanwo- Olu, governor of Lagos State, has presented a 2022 budget of N1. 388 trillion to the state house of assembly.
The budget focused on giving more attention to infrastructural and other key growth areas in order to consolidate the recovery of the state’s economy, according to the Governor of Lagos, sanwo- olu.
The budget is titled ” Budget of Consolidation, ” Sanwo- Olu said the State would be spending N325 billion to deliver vital infrastructure projects in key sectors to energise and expand the growth of the state’s economy.
The important areas the budget focused on include, Works and Infrastructures, Waterfront Infrastructure Development, Agriculture, Transportation, Energy, and Mineral Resources, Tourism, Entertainment, and Creative Industry, Commerce and Industry, Wealth Creation, and Employment. This statement was made by sanwo- olu, during his address delivery on the Lagos 2022 budget.
READ: How to Handle Snakes in Toilet Bowl and Other Household Disasters
According to Sanwo- Olu, the coming year presents an opportunity for the State Government to combine the progress recorded by his administration.
He said, ” Year 2022 Budget is the next step on our journey to true and sustainable greatness in Lagos. The challenging environment requires that we focus our interventions on areas of greatest social impact and achieving the greatest good for the greatest number in the shortest possible time. Next year is an excellent opportunity for us to consolidate on what we have done so far, and ensure that every effort, investment inflow, partnership, the business policy is translating maximally into noticeable positive impact in the lives of our people”.
READ: BREAKING: Nigeria Army Allegedly Attacks Enugu Community Killing Many Unarmed Civilians (VIDEO)
He further said, ” It is in this light that we are presenting the Year 2022 Budget of Consolidation with a size of N1, 388, 285, 459, 990. 51.
This financial proposal is presented with a sense of duty and absolute commitment to the transformation of Lagos to a preferred global destination for residence, commerce, and investment. The budget projects to see a continuing but gradual recovery to growth in economic activity as the global economy cautiously recovers from the impact of the Coronavirus pandemic”.
DO YOU HAVE ANYTHING YOU WANT TO TELL US ABOUT NIGERIA? CLICK HERE TO JOIN ESSENCE FORUM AND SHARE YOUR TOPICS WITH OVER 4000 MEMBERS.
WATCH MORE NEWS ON OUR YOUTUBE CHANNEL CLICK HERE TO SUBSCRIBE
Sanwo Olu Presents N1. 388trillion 2022 Budget.
Professional freelancer and webmaster.
+ There are no comments
Add yours