Governor of Lagos State, Babajide Sanwo-Olu, on Friday presented the N1.1 trillion 2020 budget on the floor of the Lagos State Assembly.
A breakdown of the budget titled, ‘Budget of Awakening’ shared by the Lagos State Government reveals that it will be funded by a projected total revenue of N1.071 trillion and a deficit amounting to N97.53 billion.
It was reported that the budget provides for the new minimum wage.
Credit: The Punch
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