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Lagos 2009 bugdet signed into law

Commercial city of Lagos

The 2009 Lagos State Appropriation Bill was assented and signed to law by Lagos State Governor, Babatunde Fashola, today.

The Bill earlier passed by the Lagos State House of Assembly, December 31st, 2008, provides for a budget of N405 billion for year 2009, out of which the sum of N159.464 billion will be for total recurrent expenditure, while Capital expenditure is N245.536 billion.