Economy

Ambode presents N1.046tn budget for 2018

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Written by Maritime First

The Lagos State Governor Akinwunmi Ambode has presented the 2018 budget estimate before the Lagos State House of Assembly.

The projected budget size is One Trillion, Forty-six Billion, One Hundred and Twenty-one Million, One Hundred and Eighty-one Thousand, Six Hundred and Eighty naira (N1,046,121).

The budget has a recurrent expenditure of N347bn and a capital expenditure of N699bn.

The budget is tagged Budget of Progress and Development.

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Maritime First