ADVERTISEMENT
TechEconomy
Friday, June 6, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Sanwo-Olu Signs 2024 Lagos’ N2.267trn Appropriation Bill

Sanwo-Olu Signs 2024 Lagos’ N2.267trn Appropriation Bill

Techeconomy by Techeconomy
January 16, 2024
in Finance
0
Sanwo-Olu assents to 2024 budget
Babajide Sanwo-Olu, Governor, Lagos State (left, front row); Mojisola Meranda, Deputy Speaker, State House of Assembly (middle); Saad Lukman Olumoh, Chairman, House Committee on Appropriation (right); Ope George, Commissioner for Economic Planning and Budget (left, back row), and Lawal Pedro, Attorney General and Commissioner for Justice, during the signing of the 2024 appropriation bill into law at the Lagos House, Alausa, Ikeja, Lagos, on Monday.

Babajide Sanwo-Olu, Governor, Lagos State (left, front row); Mojisola Meranda, Deputy Speaker, State House of Assembly (middle); Saad Lukman Olumoh, Chairman, House Committee on Appropriation (right); Ope George, Commissioner for Economic Planning and Budget (left, back row), and Lawal Pedro, Attorney General and Commissioner for Justice, during the signing of the 2024 appropriation bill into law at the Lagos House, Alausa, Ikeja, Lagos, on Monday.

RelatedPosts

Nigeria and USD, Nigerian Banking System - Naira Appreciate

Naira Continues to Appreciate in Official Market, Closes at N1,553/$1

June 6, 2025

Naira Strengthens Further in Official Market, Closes at N1,565/$1

June 5, 2025

Governor Babajide Sanwo-Olu, on Monday, signed the N2.267 trillion 2024 Appropriation Bill of Lagos State into law, ushering in a new expenditure cycle.

The governor, at a ceremony held in the State House, Alausa, assented to the ‘Budget of Renew­al’ days after the House of Assem­bly passed the proposed expendi­ture bill and transmitted it to the executive arm for approval.

The state government is pri­oritising spending on infrastruc­ture, environment, education and technology, just as it significantly raised allocation to security and public safety.

Of the total budget, N1.315 tril­lion, representing 58 percent, is allocated for capital expenditure, while the recurrent spending gulped N952.4 billion, which rep­resents 42 percent of the budget.

After signing the Appropria­tion Bill into law, Sanwo-Olu said assured that the implementation of the budget would bring about new growth and improve quality of life for the state’s residents.

The governor disclosed that the budget was raised by N21.74 billion, which the Assembly ap­proved before the final ratifica­tion. The additional allocation, he said, is to ensure completion of key infrastructure and inject interventions into critical areas of priority as identified by the legislature.

He said:

“The success of this Appropriation Law will be deter­mined by how effective its imple­mentation will be in relation to the wellbeing of our citizens. This administration is firmly commit­ted to achieving the objectives and deliverables that have been set out in the budget. We believe this bud­get will not only help to advance economic growth and sustainabil­ity, it will also transform the lives of the residents and businesses.

“All the objectives laid out in the Appropriation Law align with our THEMES+ agenda.

We, therefore, pledge to diligent­ly work towards the completion of a lot of our ongoing projects and successfully bring forth the Greater Lagos we have talked about. We underscore the ne­cessity of the collective respon­sibility to ensure the successful execution of this budget. The citizens must fulfil their civic obligation, as the effort to build the State is one that requires partnership.”

Sanwo-Olu pledged that the state government would uphold highest level of transparency and accountability in the implemen­tation of the budget, while prom­ising greatest benefits would be for greatest number of residents.

Loading

Advertisements
MTN ADS

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: Lagos BudgetSanwo-Olu
Previous Post

Gates Foundation Budgets $8.6 Billion for Health-related Matters in 2024

Next Post

AI will Affect 40% of Jobs in Emerging Markets – IMF

Techeconomy

Techeconomy

Related Posts

Nigeria and USD, Nigerian Banking System - Naira Appreciate
Finance

Naira Continues to Appreciate in Official Market, Closes at N1,553/$1

by Latifat Fashina
June 6, 2025
0

The naira strengthened further in the official market on Thursday and closed at N1,553/$1, a 0.77% appreciation from the previous...

Read more
Hot money in Nigeria - Naira | official market

Naira Strengthens Further in Official Market, Closes at N1,565/$1

June 5, 2025
Naira vs Dollar | Asset management

Naira Appreciates to N1,579/$1 as Market Confidence Grows

June 4, 2025
Tony Elumelu, chairman of UBA

Tony Elumelu Buys N43.9bn Worth of UBA Shares to Boost Stake

June 3, 2025
NairaWatch, Naira and dollar

Naira Appreciates, Closes at N1,582/$1 in Official Market

June 3, 2025
Agentforce for financial services by Salesforce

Salesforce Introduces Agentforce for Financial Services to Address Shrinking Workforces

June 2, 2025
Next Post
Kristalina Georgieva, managing director of IMF

AI will Affect 40% of Jobs in Emerging Markets – IMF

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.