Lagos State Governor, Babajide Sanwo-Olu, has presented the state’s 2021 budget tagged, “Budget of Rekindled Hope” to the Lagos State House of Assembly, today November 10, 2020. The budget is estimated at N1.155 trillion naira.
This disclosure was made in a statement released by Gawat Jubril, the Senior Special Assistant (SSA) to the Governor on New Media, via his official Twitter account.
The tweet reads, “FLASH: Lagos State Governor Babajide Sanwo-Olu presents N1.155 Trillion Naira budget for the year 2021 to the Lagos State House of Assembly tagged: BUDGET OF REKINDLED HOPE”
FLASH: Lagos State Governor @jidesanwoolu presents N1.155 Trillion Naira budget for year 2021 to the Lagos State House of Assembly tagged: BUDGET OF REKINDLED HOPE.
10th November 2020
— Gawat Jubril A. (@Mr_JAGss) November 10, 2020
The 2021 budget is centered on advancing the T.H.E.M.E.S agenda of the State Government and expected to rekindle hope in the state on the implementation of its content.
However, during the presentation of the budget, Governor Sanwo-Olu announced his intention through the executive bill, to repeal the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension & other entitlements to former Governors and their deputies.