The Lagos State Government has said 27.3% of its entire 2023 Budget amounting to the tune of N482.86bn will be expended to provide modern infrastructure to its citizenry for the year. Disclosing this at the press conference during the analysis of year 2023 budget was the State Commissioner for Economic Planning and Budget. Mr. Samuel […]
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The discussion, organised by the Economic Intelligence Unit, Lagos State Ministry of Economic Planning and Budget, took place at the Protea Hotel, CBD, Alausa, Ikeja, had in attendance various economic experts and researchers such as Professor Femi Shaibu, from University of Lagos, Dr Adebayo Adedokun,Professor Lannre Olaniyan, Centre for sustainable Development, University of Ibadan. Lagos […]
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The Agro-Processing, Productivity Enhancement and Livelihood Support (APPEALS), a $200 Million World Bank assisted project, is being implemented through the Federal Ministry of Agriculture and Rural Development in 6 participating states of Cross River, Enugu, Kaduna, Kano, Kogi and Lagos. The Lagos APPEALS project is intended to enhance productivity of small and medium scale farmers […]
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Year 2021 Ministerial Press Briefing to Commemorate the Second Year in Office of Mr. Babajide Olusola Sanwo-Olu. The Governor of Lagos State. Ministry of Economic Planning and Budget Held on Thursday May 20th, 2021
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The Annual Appropriation Bill also known as the Annual Budget, is the budget as prepared and approved by the State Executive Council and presented to the State House of Assembly for deliberation and approval.
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This Budget Performance Report for Q1 Y2023 provides information on activities and performance of the Budget which we trust all stakeholders will find useful. The report provides financial information and offers some insights into the contexts and experiences that have aided the achievement of goals or presented challenges to realising desired outcomes. Y2023_Q1_Budget_Performance
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The Y2022 budget christened the “Budget of Consolidation†is a landmark budget in the history of the state both in its size and texture. The approved Y2022 Budget of ₦1.758trn made up of ₦1.167trn Capital Expenditure and ₦591.281bn Recurrent Expenditure, resulting in a Capital to Recurrent ratio of 66:34, which is strongly in favor of […]
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