Year 2020 Budget


(Date: 24 April, 2021)



Y2020 Budget (”Budget of Awakening”) was presented to the Lagos State House of Assembly on Friday, 8 November, Y2019 and was passed into Law on 30th December, 2019. Mr. Governor, Babajide Sanwoolu gave his assent to it on 31st December, 2019.

The objectives of Y2020 budget include:

  • Attract private sector investments to the State economy by creating an enabling environment;
  • Aggressively develop, upgrade and maintain our Infrastructure;
  • Invest in human capital development, i.e. education and healthcare;
  • Facilitate sustainable social investment and enterprise;
  • Improve capacity to collect due revenues as efficiently as possible;
  • Improve civic participation in governance, and automate public services and engagement;
  • Build impactful partnerships with the Federal Government, other States, development partners and civil society; and
  • Improve the quality of the environment and our public spaces generally
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