Lagos State House of Assembly on Monday debate di 2025 appropriation bill of N3.005 trillion wey Governor Babajide Sanwo-Olu present to di lawmakers last Thursday.
Speaker Mudashiru Obasa, wey lead di plenary, don commit di bill to a joint committee on appropriation and finance for review. Dem give di committee one month to report back.
Earlier, di Chairman of di House Committee on Budget and Economic Planning, Hon. Sa’ad Olumoh, give overview of di proposed spending, break down di items inside di estimate, and raise concern about di N408 billion deficit financing wey dey inside di budget.
Hon. Olumoh talk say loans dey good when dem use am for di right purpose, but him also talk say di state need sustainable and practical way to finance di yearly budget, so say Lagos no go just dey rely on loans alone.
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