Thursday, November 1, 2012

Fashola presents N497bn 2013 budget

Governor Babatunde Fashola of Lagos State, yesterday, presented a budget proposal of N497.277 billion for the 2013 fiscal year to the state House of Assembly.

Sectoral allocation provided in the budget includes: General Public Service, N114.076bn (22.94 per cent); Public Order and Safety,N18.799 -(3.78 per cent); Economic Affairs N156.273 (31.43per cent); Environmental Protection, N44.131bn (8.87 per cent); Housing and Community Amenities-N46.149bn (9.28 per cent ); Health N42.498bn 8.55 (per cent);Recreation, Culture and Religion N5.749bn (1.16 per cent); Education, N64.343bn (12.94 per cent); Social Protection N3.259bn (0.66per cent); Contingency N2.000bn(.44 per cent).

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