Lagos State Governor Babajide Sanwo-Olu has presented the N2.2 trillion budget for the 2024 financial year to the House of Assembly.
The governor presented the budget titled, ‘Budget of Renewal’, on Wednesday at the Lagos State House of Assembly Complex in Alausa, Ikeja, the state capital.
The proposed budget comprised N1.02 trillion recurrent expenditure, which is 45% of the total budget, and N1.22 trillion capital expenditure, which is 55% of the budget.