Thursday, October 9, 2025
  • About
  • Advertise
  • Careers
  • Contact
Newsroom Nigeria
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life
No Result
View All Result
Newsroom Nigeria
ADVERTISEMENT
Home POLITICAL ARENA

Lagos Assembly Passes N3.4 Trillion Budget For 2025

The approved budget is made of N1,295,630,197,452 as recurrent expenditure while N2,071,185,026,692 is earmarked as capital expenditure for the year ending December 31, 2025.

Newsroom Nigeria by Newsroom Nigeria
January 6, 2025
in POLITICAL ARENA, Politics
Reading Time: 1 min read
0
SHARES
Share on FacebookShare on Twitter

The Lagos State House of Assembly on Monday approved a total sum of N3,366,815,224,144 as the total budget of the state for 2025.

The approval followed the presentation of a report on the budget by the chairman of the joint committee on appropriation and finance, Hon. Sa’ad Olumoh, and the subsequent voice votes by lawmakers at a sitting presided over by the Speaker, Rt. Hon. Mudashiru Obasa.

Related posts

TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

October 7, 2025
ONLY A NORTHERN CHRISTIAN PRESIDENT CAN PROTECT NORTHERN CHRISTIANS, SAYS DINFA, YCD COORDINATOR.

ONLY A NORTHERN CHRISTIAN PRESIDENT CAN PROTECT NORTHERN CHRISTIANS, SAYS DINFA, YCD COORDINATOR.

October 7, 2025

The approved budget is made of N1,295,630,197,452 as recurrent expenditure while N2,071,185,026,692 is earmarked as capital expenditure for the year ending December 31, 2025.

Dr. Obasa, thereafter, directed the Clerk of the House, Barr. Olalekan Onafeko, to transmit a clean copy of the passed bill to Governor Babajide Sanwo-Olu for assent.

The Speaker commended his colleagues for their painstaking efforts leading to the passage of the budget.

Recall that Governor Sanwo-Olu had on November 21, presented a proposal of N3.005 trillion to the House for approval.

The Governor, during the presentation, told the lawmakers that the budget has a deficit financing of N408,902 billion adding that the deficit would be financed from external and internal loans and bonds.

Meanwhile, the House, during plenary on Monday, also passed a bill to consolidate all laws on local government administration in Lagos State.

The bill further makes provisions based on constitutional amendments as well as amendments by the National Assembly which have direct effects on the local governments in Lagos State.

 

ShareTweetSendShareShare
Previous Post

TONY ELUMELU FOUNDATION REOPENS APPLICATION PORTAL FOR AFRICA’S YOUNG ENTREPRENEURS

Next Post

Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs 

Related Posts

TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM
News

TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

October 7, 2025
ONLY A NORTHERN CHRISTIAN PRESIDENT CAN PROTECT NORTHERN CHRISTIANS, SAYS DINFA, YCD COORDINATOR.
POLITICAL ARENA

ONLY A NORTHERN CHRISTIAN PRESIDENT CAN PROTECT NORTHERN CHRISTIANS, SAYS DINFA, YCD COORDINATOR.

October 7, 2025
LAGOS, OSUN STAKEHOLDERS REJECT PDP ZONING, RALLY FOR GBENGA HASHIM
POLITICAL ARENA

South Rejected Tinubu in 2023, North and South Will Reject Him in 2027 — Gbenga Hashim’s Group

October 6, 2025
IN JOS, TINUBU ASSURES NORTHERN CHRiSTIANS OF FAIRNESS, AS HE PAYS TRIBUTE TO LYDIA YILWATDA, MOTHER OF THE APC CHAIRMAN
POLITICAL ARENA

IN JOS, TINUBU ASSURES NORTHERN CHRiSTIANS OF FAIRNESS, AS HE PAYS TRIBUTE TO LYDIA YILWATDA, MOTHER OF THE APC CHAIRMAN

October 4, 2025
TINUBU COMMISSIONS RENOVATED NATIONAL THEATRE, SAYS NO HONOUR TOO BIG FOR SOYINKA.
Politics

TINUBU COMMISSIONS RENOVATED NATIONAL THEATRE, SAYS NO HONOUR TOO BIG FOR SOYINKA.

October 2, 2025
South West Won’t Reward Tinubu’s Failure in 2027 – Gbenga Hashim Group Tells Reno Omokri
POLITICAL ARENA

South West Won’t Reward Tinubu’s Failure in 2027 – Gbenga Hashim Group Tells Reno Omokri

October 2, 2025
Next Post

Fidelity Bank Launches “Bundles of Joy” Initiative to Support Children with Special Needs 

RECOMMENDED NEWS

LAGOS SPEAKER TUSSLE: WHY 39 LAWMAKERS-ELECT ENDORSED OBASA

2 years ago

Beyond Salary Reduction, HEDA Urges Politicians to Adopt Measures to Alleviate Economic Hardship

1 year ago

Obasa Congratulates, Tasks Muslims On Lessons of Ramadan

2 years ago

OBASA SALUTES REMI TINUBU AT 62, RECALLS HER ROLE IN NADECO

3 years ago

FOLLOW US

ADVERTISEMENT
ADVERTISEMENT

POPULAR NEWS

  • LAGOS, OSUN STAKEHOLDERS REJECT PDP ZONING, RALLY FOR GBENGA HASHIM

    South Rejected Tinubu in 2023, North and South Will Reject Him in 2027 — Gbenga Hashim’s Group

    0 shares
    Share 0 Tweet 0
  • HEDA Drags Ozekhome, Son to ICPC Over Alleged Fraud, Forged IDs and London Property Grab

    0 shares
    Share 0 Tweet 0
  • TINUBU ACCEPTS INEC CHAIRMAN’S DEPARTURE, BESTOWS NATIONAL HONOUR ON HIM

    0 shares
    Share 0 Tweet 0
  • NDLEA Smashes Cocaine Cartels Behind 6 UK-bound Shipments, Arrests Arrowhead

    0 shares
    Share 0 Tweet 0
  • IN JOS, TINUBU ASSURES NORTHERN CHRiSTIANS OF FAIRNESS, AS HE PAYS TRIBUTE TO LYDIA YILWATDA, MOTHER OF THE APC CHAIRMAN

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
Newsroom Nigeria

The NEWSROOM NIGERIA is an independent, liberal on – line news platform committed to the right of the individual to pursue his economic happiness, without undue interference of the state. It shall promote the rights of the individual; right to freedom of worship and conscience, and to hold opinions and impact same without hindrance, subject to such laws are as consistent with the constitution and necessary for the protection of the rights of others.

  • About
  • Advertise
  • Careers
  • Contact

© 2025 Newsroom Nigeria - Designed by Semasir Connect.

No Result
View All Result
  • Home
  • News
    • Across the Nation
    • Crime Watch
    • Metro
    • Political Arena
  • Politics
  • Opinions
  • Crime and Court
    • Judiciary
  • Business
    • Banking
    • Business and Economy
    • Business Life

© 2025 Newsroom Nigeria - Designed by Semasir Connect.