Sanwo-Olu Signs ₦1.163trn 2021 Budget Into Law

Lagos State Governor, Babajide Sanwo-Olu has signed the state’s ₦1.163trn 2021 Appropriation Bill Into law.

In a tweet by the Chief Press Secretary to the Governor, Gboyega Akosile, a video showed the Governor appending his signature to the document.

Read also: Lagos Lawmakers Okay ₦1.163trn Budget

Breaking: Lagos State Governor @jidesanwoolu signs the year 2021 Appropriation Bill into Law! pic.twitter.com/KHsXEBXAPU

— ForAGreaterLagos (@officialCPS_Lag) December 31, 2020

“The significant portion of the budget has been committed to human capital development, social intervention initiatives and completion of ongoing projects,” Sanwo-Olu said.

The Lagos State House of Assembly had approved a budget of ₦1.163trn for the 2021 fiscal year after Governor Sanwo-Olu presented estimates of ₦1.155trn before it on November 9.

Tagged ‘Budget of Rekindled Hope’, Eko Hot Blog recalls that the Bill was passed after weeks of deliberations and defense of the budget proposal by the State’s Ministries, Departments, and Agencies (MDAs).

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