Babajide Sanwo-Olu, Lagos governor, has presented the 2023 budget to the state house of assembly.
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The N1.69 trillion ‘budget of continuity’ was presented to the house of assembly on Thursday.
According to the breakdown given by the governor, capital expenditure will take N932 billion — representing 55 percent of the total budget — while recurrent expenditure will gulp N759 billion.
Last year, the governor presented a N1.39 trillion ‘budget of consolidation’ to the assembly.
