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Market Digest Nigeria

Politics

At last, Ambode presents 2019 controversial budget of N852.317 billion

controversial
  • At last, Lagos State Governor, Akinwunmi Ambode on Tuesday presented the controversial 2019 budget of N852.317 billion to the State House of Assembly for approval.

At last, Lagos State Governor, Akinwunmi Ambode on Tuesday presented the controversial 2019 budget of N852.317 billion to the State House of Assembly for approval. Political squabbles in the Lagos All Progressives Congress, APC, had made the governor to delay the presentation of the budget.

The Assembly has had a running battle with the the governor and threatened to impeach him, but the intervention of the the National leader of the APC, Asiwaju Bola Tinubu saved the day and paved the way for the governor to present the budget on Tuesday. However, the 2019 budget is N287.68 billion lesser than that of 2018 which stood at N1.04 trillion.

 

More details later….

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