Sanwo-Olu presents N1.1tr budget for 2020

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