Politics, Society

Lagos Assembly Approves Gov. Ambode N662.558B 2016 Budget

Gov. Ambode 5The Lagos State House of Assembly on Thursday passed into law the N662.588bn Year 2016 Appropriation Bill presented by the State Governor, Mr. Akinwunmi Ambode on December 17, 2015.

The Appropriation Bill, tagged “The Peoples Budget,” is the highest in the history of the State and it was an improvement on the N489.69bn appropriated for year 2014 and 2015 respectively.

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The House unanimously approved the budget after members deliberated on the report of House Committee on Budget which scrutinized the Bill as proposed by the Governor