The Lagos State Governor, Babajide Sanwo-Olu has presented the 2020 budget to state House of Assembly.
Sanwo-Olu presented a proposed budget of N1.168 trillion to the Assembly for approval, on Friday.
The governor’s Chief Press Secretary, Gboyega Akosile, while disclosing this via his official Twitter handle, also gave a breakdown of the proposed budget.
According to Akosile, Project revenue to get N1.07trn and budget deficit; N97.53bn.
He tweeted: “Breaking: Governor @jidesanwoolu presents Year 2020 budget to Lagos State House of Assembly. Proposes a budget of N1.168 trillion. Projected Revenue: N1.071 trillion, Budget deficit at N97.53 billion, Budget size 34% higher than Year 2019 budget.”