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Home Business News Business

Governor Sanwo-Olu to present 2021 budget estimates to legislators

Omokolade Ajayi by Omokolade Ajayi
November 9, 2020
in Business, Spotlight
Sanwo-Olu presents N1.1 trillion 2020 budget
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Lagos State Governor, Babajide Sanwo-Olu, has disclosed that he will be presenting the year 2021 financial budget estimates to the Lagos State House of Assembly on Tuesday, November 10, 2020.

This disclosure was made in a statement which was released through Lagos State’s official Twitter handle.

READ: Sanwo-Olu discloses why he refused to buy new vehicles as governor

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Lagos State Governor Mr. Babajide Olusola Sanwo-Olu will present the Y2021 budget estimates to the Lagos State House of Assembly tomorrow, Tuesday, November 10, 2020, at 10am.@jidesanwoolu @drobafemihamzat @lshaofficial @gbenga_omo @gboyegaakosile1#LASG #BuildingLagos pic.twitter.com/BOVbdJyVs7

— The Lagos State Govt (@followlasg) November 9, 2020

The statement partly read:

“Lagos State Governor Mr. Babajide Olusola Sanwo-Olu will present the Y2021 budget estimates to the Lagos State House of Assembly tomorrow, Tuesday, November 10, 2020, at 10am.”

READ: Lagos Rail Mass Transit: House of Assembly approves N153 billion for construction

According to the information contained in the statement, the budget session is expected to focus on advancing the T.H.E.M.E.S. Agenda of the State Government.

Members of the public are encouraged to watch the presentation, which will be aired live on Lagos State Television and Radio Lagos/Eko FM.

READ: Lagos discloses strategies to best manage revenue in COVID-19 era, reduces land use charge

What you should know

According to the statement made by the Lagos State Governor at the beginning of the year, the T.H.E.M.E.S agenda is an acronym for Governor Babajide Sanwo-Olu’s administration’s six strategic development agenda namely, Traffic Management and Transportation, Health and Environment, Education and Technology, Making Lagos a 21st Century Economy, Entertainment and Tourism as well as Security and Governance.

The T.H.E.M.E.S agenda is important, as it was formulated to make Lagos Greater.


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Tags: Governor Babajide Sanwo-oluLagos State
Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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