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The Citizen’s Budget is a short explanation of the approved budget. It breaks down the budget to showcase major plans to be executed for the year for easy consumption by the citizens.

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The Abridged Budget is a high-level summary of the approved budget.

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The Quarterly Budget Performance Review is designed to evaluate the implementation of the budget to verify if the budget is performing according to plan. It highlights areas of optimal performance and facilitates prompt detection of divergence or variations if any, so actions can be taken to stir it back to course.

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Lagos State released its financials for the period Q1 2020, revealing an actual revenue of ₦282.6 billion for the quarter, 101% higher than the actual revenue of Q1 2019 which had been ₦140.7 billion. This was also 6% higher than the budget for 2020 which stood at ₦267.8 billion. Attributed to the breakdown were ₦100.3 billion on internally generated revenue, ₦141 billion on capital receipts, and ₦41.2 from federal transfers.

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