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By agronigeria

January 4, 2017

Gov. Ambode with the Lagos House speaker Mudashiru Obasa in November 2015 817x350 218x150The Lagos State House of Assembly has approved N350 million as budgetary allocation to the State’s Agriculture sector in 2017.
The House yesterday, passed the 2017 budget proposal of N812.99 billion presented by the State Governor, Akinwunmi Ambode, into law.
Ambode had on November 29, 2016, presented an appropriation bill of N812.99 billion to the lawmakers for approval.
However, the assembly had on December 1, 2016, after receiving the budget, directed all its standing committees to invite all Ministries, Departments and Agencies (MDAs) to defend their budgets.
The assembly approved N650 million for education, N350 million for agriculture, N360 million for LASIEC, while the capital expenditure of LASIEC was increased from N2.5 billion to N3 billion to cater for election matters.
Ambode, who christened the 2017 budget “The Golden Jubilee Budget”, as it coincides with the State’s 50th Anniversary, said it would focus on physical infrastructure, while social sectors especially health, education, youth and social development will be given adequate attention.
The Assembly passed the sum of N305.28 billion as total recurrent expenditure and N507.82 billion as the total capital expenditure for the year ending December 31, 2017.
http://agronigeria.com.ng/lagos-assembly-approves-n350m-agriculture-2017-budget/

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2nd Floor Bank of Industry Building 
18 Muhammad Buhari Way, Kaduna, Nigeria. 
Mobile: +234 (803) 3174409...................sssss