By Bimbo Ogunnaike
The Lagos State Governor, Babajide Sanwo-Olu has presented the 2020 budget proposal of N1.168 trillion to the Assembly for approval, on Friday.
The governor’s Chief Press Secretary, Gboyega Akosile, while disclosing this via his official Twitter handle, also gave a breakdown of the proposed budget.
According to Akosile, Project revenue to get N1.07trn and budget deficit; N97.53bn.
“Breaking: Governor @jidesanwoolu presents Year 2020 budget to Lagos State House of Assembly. Proposes a budget of N1.168 trillion. Projected Revenue: N1.071 trillion, Budget deficit at N97.53 billion, Budget size 34% higher than Year 2019 budget,”Akosile tweeted