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Lagos Assembly suspends passage of 2019 Appropriation bill

April 27, 2019
in Business News, Latest Nigeria News, Nigeria News
Lagos Assembly suspends passage of 2019 Appropriation bill
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Image result for Lagos Assembly suspends passage of 2019 Appropriation billThe Lagos state house of Assembly is yet to pass the twenty nineteen appropriation bill despite speculations it was going to do so on Friday.

Lagos Assembly Correspondent, Abimbola Agbebiyi reports that the business of the day kicked off on Friday evening, with the lawmakers attending to the items on the order paper. Coming last was the presentation of report of the Committee on Appropriation on the proposed 2019 budget.

Chairman of the committee Gbolahan Yishawu took time to read out the various adjustments made in the proposed bill, which include special
considerations given to some ministries, departments and agencies where the committee feels would require more fund in the course of the year.

Such agencies are the Lagos State Building control agency, the ministry of environment among others.

The bill sought to authorize the issue and appropriation of a sum of N389,560,227,242 from the Consolidated Revenue Fund for Recurrent
Expenditure and a sum of N462, 756, 709, 241 from Development Revenue Fund for Capital Expenditure, thereby totalling a Budget Size of N852.317
Billion for the year ending 31st December, 2019.

Part of the recommendations made by the committee focused on the need for the house to set up committees that would look into the execution of some capital projects recently embarked upon by the executive arm without the approval of the house.

The report was adopted for debates but was subsequently suspended for deliberations to a later date.

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