Tight security as Sanwo-Olu presents 2020 budget to Lagos assembly


Heavy security presence has been reported at the Lagos State House of Assembly ahead of 2020 budget estimate presentation on Friday by the governor of the state, Babajide Sanwo-Olu
NAN reports that Security operatives who were already at their respective positions included officers from the military personnel, Nigeria Police and the Lagos Neighbourhood Safety Corps.
Officials of the Federal Road Safety Corps and the Lagos State Traffic Management Authority were also seen controlling traffic within Alausa and its environs.
The budget estimate will be Sanwo-Olu’s inaugural presentation to the state assembly since assuming office on May 29.
The budget was proposed by former Gov. Akinwinmi Ambode on Feb. 5 with an estimate of N852.31 billion.
Budget Presentation 
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.”
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Tight security as Sanwo-Olu presents 2020 budget to Lagos assembly Tight security as Sanwo-Olu presents 2020 budget to Lagos assembly Reviewed by JNJ GLOBAL GIST on November 08, 2019 Rating: 5

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