The Lagos State Commissioner for Budget and Economic Planning, Olusegun Banjo, has said the 2019 Budget was already before the State House of Assembly.
The Commissioner, who disclosed this on Wednesday, said the intention was to read the Budget before the house on December 24, 2018.
In a statement he signed, Banjo said Governor Akinwunmi Ambode had sent a verbal information to present the budget on December 24, 2018 after the State Executive Council approval on December 19, 2018, but the ceremony was postponed as the House was on recess and thereby could not form a quorum.
He said in order to meet the traditional presentation, a formal letter was sent to the House on December 28, 2018, forwarding the contents of the budget.
Banjo said the expectation is that when the House reconvenes, the Speaker, Rt. Hon. Mudashiru Obasa, would inform members of the content of the Budget proposal sent by the Governor and take necessary action.
The commissioner said the size of the 2019 budget proposal forwarded by the Governor to the House is N852.317 billion.
