Tag: 2024 Budget

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At least five major capital projects in Lagos State’s budget, collectively valued at over ₦3.7 billion, recorded a performance of less than 20 per cent. Similarly, several projects posted zero execution, even as audit findings revealed ₦326.2 million in financial and administrative discrepancies across ministries and agencies. The revelation is contained in the Lagos State …

Sanwo-Olu, presenting Lagos State budget

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that 80 per cent of the capital component of Nigeria’s 2024 budget has so far been released. Edun disclosed this after a closed-door session with the House of Representatives Committee on Appropriation in Abuja on Wednesday. The session, also attended by the …

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