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Lagos Assembly Commences Work On 2020 Budget Estimate As Appropriation Bill Gets To Committee Stage

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By OKUNADE ADEKUNLE

Members of the Lagos State House of Assembly, have commenced work on the 2020 budget estimate presented before them 2weeks ago by Governor Babajide Sanwo-Olu, as the Appropriation Bill was read for the second time by the Clerk of the House, Mr Azeez Sanni, during plenary session on Monday.

The members who commented glowingly about the budget , eulogied the governor for presenting such a laudable bill.

While commencing the debate, Hon. Fatai Mojeed ( Ibeju Lekki 1), said the proposed revenue is achieveable as the state is yet to tap revenue from several areas of informal sector.

Mojeed who spoke on the content of the budget extensively, pointed out various sectors which the budget would touch for the betterment of the people.

He stated that it would be appropriate for the state to invest heavily on public transportation as to be able to cater for the transport need of the people.

Also commenting, Hon. Rotimi Olowo ( Somolu 1), said that the budget estimate was overambitious based on its revenue target which might not be achievable.

Olowo added that there is need to re-integrate the various sectors for better service delivery, saying that it would further enhance the economy .

He warned not to overtax the people in the bid to meet revenue target by various agencies and MDAs, saying that the current economic situation should be put into consideration while they go about ensuring achieving their revenue targets.

” The immediate past administration also presented an overambitious budget last year and it failed to achieve its purpose and was poorly implemented at the end of the day. I will want this administration to avoid such mistake”, said Olowo

Also, Hon. Jude Idimogwu ( Oshodi/Isolo 2), in his comment, called on the agencies and MDAs to come to explain to the House on how they would achieve their revenue targets, saying that the figures in the budget were projections but that they should be realistic figures.

” The agencies and MDAs have jacked up their revenue targets, they need to come to tell us how they would realise these projections”, said Idimogwu

However, after deliberation by the members, the Rt (Hon) Mudashiru Obasa, referred the budget to both the House Committee on Economic Planning and Finance to look into it and report back in 6weeks time.

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