EKO NEWS

Coronavirus: LASG Considers Reordering N1.17trn Budget Amid COVID-19

The Lagos State Government has reeled out strategies being put in place to cushion the effects of COVID-19 as the pandemic takes its toll on the economy and residents across the State.

Read Also: Coronavirus: No Free Electricity Yet, Ikeja Electric Debunks Media Rumour

Commissioner for Economic Planning and Budget, Mr. Sam Egube hinted that the administration will consider reordering the N1.17 trillion budget for 2020 to channel funds into ventures that will generate quick employment and resources for Lagosians.

Egube said the ravaging pandemic had slowed down the growth of the State’s economy, shut down industrial production and distorted the supply chain of essential items, thereby heightening the fear of food insecurity among residents.

Otunba T.J Abass

The Publisher, Ekohotblog.com

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Otunba T.J Abass

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