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Sanwo-Olu signs N873bn 2019 Budget, promises speedy implementation

Femi Adewale by Femi Adewale
June 3, 2019
in Breaking News, News
0

Lagos State governor, Mr Babajide Sanwo-Olu, on Monday, signed into law the 2019 Appropriation Bill.

The bill with a total budget of N873,532,460,725 is a 55% capital expenditure and 45% recurrent expenditure.

Out of the amount, a sum of N393,841,387 is allocated for recurrent expenditure while N479,691,730,705 is for capital expenditure.

The governor, after signing the bill, thanked the House of Assembly for passing the bill adding that his administration can take off with implementation.

“I want to thank you on behalf of Lagosians. We will ensure speedy implementation of the bill by ensuring a quick distribution to all ministries and agencies so that Lagosians can enjoy the full benefits of it,” he promised.

He expressed appreciation and applauded the efforts of the Lagos State House of Assembly in passing this law and three others which he assented to describing them as laws to put the state on the path of progress.

While presenting the appropriation bill, Chairman, House Committee on Appropriation, Gbolahan Yishau, who represented the Speaker, Lagos House of Assembly, Mudashiru Obasa, said the budget would help the state government to handle some sensitive issues and consolidate on the gains of democracy in Lagos State

Sanwo-Olu also signed into law the Domestic Staff Service Provider Bill.

The law, according to Moji Meranda, would make it mandatory for providers of domestic staff to register with the state government.

“The government would be able to collect and collate data of domestic staff in the State, monitor and control activities of domestic staff service providers, give access to their premises, sanction the providers and renew their certificates.

“This law will help to protect lives of all Lagosians. The government would be able to do background check on domestic staff being employed so that people can have confidence in who they are employing,” she said.

Also signed into law was the bill establishing the Lagos Neighbourhood Watch Agency. The law enables the Lagos Neighbourhood Service Corps to assist security agencies in providing safety in the state.

The Lagos State House of Assembly Service Commission amended bill was also signed into law by the governor.

According to the Chairman, House Committee on Finance, Yinka Ogundimu, the law would extend the tenure of the chairman of the commission to five years as well as allowing staff of the House of Assembly to enjoy welfare benefits enjoyed by other staff of the state government.

Tags: Sanwo-Olu signs N873bn 2019 Budget promises speedy implementation
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.