Fashola to Present 2015 Budget Proposal to Lagos Assembly on November 10th

Governor Babatunde Fashola of Lagos State has indicated his intention to present the 2015 budget proposal of the state to the House of Assembly on November 10th.

Ajibayo Adeyeye, the Majority Leader of the house, made this known at the plenary on Tuesday following a message sent to the lawmakers by the governor.

The News Agency of Nigeria (NAN) reports that the budget presentation will be the last by Fashola as the state governor, as his two terms in office will end in May 2015.

NAN recalls that Fashola had, in November 2013, presented a budget proposal of N489.690 billion for 2014 to the House for consideration and ratification.

The proposal, which was approved, was made up of recurrent expenditure of N234.665 billion and capital expenditure of N255.025 billion.