Economy
Lagos state proposes N3trn budget figures for 2025
Gov. Babajide Sanwo-Olu of Lagos State has presented a budget estimate of N3.05 trillion for the 2025 fiscal year to the legislature. The governor presented the budget estimate to the state House of Assembly on Thursday. The budget estimate is higher than the approved budget of the state in 2024 by N800 billion. The budget tagged “Budget of Sustainability”, proposed N1 trillion for Capital expenses and N1.2 trillion for recurrent expenses.
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