Lagos State Assembly House Speaker Mudashiru Obasa says that the 2021 appropriation bill currently in the chamber will be passed before December 31.
Obasa gave the guarantees during the plenary session in Lagos on Monday.
He urged all House standing committees that served as Budget and Economic Planning subcommittees to work assiduously to get the budget approved by Dec. 31.
“The second reading of the 2021 budget has been done and all the subcommittees should speed up the work on it.
“The house will do all the necessary work so that the budget can be returned to the governor for approval on December 31,” he said.
The speaker also urged Ministries, Departments and Agencies (MDA) to endeavor to come forward to defend their budget when requested by budget committees.
Journalists report that Governor Babajide Sanwo-Olu submitted a 1.16 trillion naira budget to the House of State Assembly on November 10 for approval for fiscal year 2021.
The 2021 budget estimates titled: “Budget of Hope Revived,” are higher than the 2020 budget, after it was cut to N920.5 billion due to the challenges of the COVID-19 pandemic.
Sanwo-Olu said that the 2021 budget had a total revenue of N962.53 billion and Internally Generated Revenue (IGR) of N795.74 billion.