The impact of developmental activities being carried out by the Lagos State Government to create Africa’s largest mega city, as well as the THEMES agenda, is visible both locally and across the globe. Just weeks after the State’s ratings were upgraded by an internationally acclaimed rating agency, Fitch Ratings, to AAA status, the Economist in […]
Read moreThe Technical Working Group of Circular Lagos Economy was inaugurated on Friday, 3rd September 2021 at the conference room of the Lagos State Ministry of Economic Planning and Budget (MEPB). Speaking on behalf of the governor, the Honorable Commissioner, Sam Egube expressed the willingness of the Babajide Olushola Sanwoolu led Administration to support every initiative […]
Read moreMr. Olujimi Ige, the Permanent Secretary for the Lagos State Debt Management Office (DMO), has disclosed that funds accessed by the State Ministries, Departments, and Agencies, from the N100 billion bond issued in January, 2020, were used to meet developmental and capital projects across the State. He commented on the bond issued early in […]
Read moreYear 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
Read moreThe 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.
Read moreThe 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 […]
Read moreThe Lagos State Ministry of Economic Planning and Budget released the Q1 2021 Budget Performance Report for Lagos State, providing insights into the State’s performance over the period. Top on the list of its feats is its Internally Generated Revenue which stood at ₦128.2 billion, about 28% higher than its Q1 2020 IGR of ₦100.3 billion. The […]
Read moreThe 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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