Brief on Lagos 2017 Budget

By Ekocity

  • According to Governor Akinwunmi Ambode, 63 per cent of the state’s N812.98 billion jubilee appropriation for 2017 would cater for capital projects.

 

  • 2017 budget is N150 billion higher than that of 2016.

 

  • N300 billion would go for recurrent expenditure, while N512.98 billion has been earmarked for capital projects.

 

  • 2017 budget would be a consolidation of the state’s 2016 N662 billion budget.

 

  • Despite the high priority for physical infrastructure, the 2017 budget is also inclusive of social amenities.

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