Governor Babajide Sanwo-Olu of Lagos State has signed the 2025 Appropriation Bill of N3.36 trillion into law.
The Special Adviser on Media and Publicity to the Governor, Gboyega Akosile, made this known in a post on his X handle on Thursday.
He said the budget size is N3.366 trillion meant for the continuation of the great works of the Sanwo-Olu administration.
Recall that Lagos State Governor, Babajide Sanwo-Olu, had on November 21, 2024, presented the Appropriation Bill of over N3 Trillion for year 2025 to members of the State House of Assembly for consideration and approval.
The Governor, during the presentation, told the lawmakers that the budget has a deficit financing of N408,902 billion adding that the deficit would be financed from external and internal loans and bonds.
It was structured around five key pillars, including; Infrastructure Sustainability, Economic Diversification, and Institutional Reforms.
The assembly had jerked Governor Babajide Sanwo-Olu N3.005trn 2025 Budget proposal to N3,366,815,224,144 (N3.37trn) and passed it into law.
