BREAKING: Gov. Sanwo-Olu Presents N1.388trn 2022 Budget

Lagos State Governor, Bababjide Sanwo-Olu, has presented a budget estimate of N1.388 trillion for the 2022 fiscal year.

The budget tagged ‘Budget of Consolidation’ was presented by governor Sanwo-Olu on Wednesday, at the State House of Assembly chambers for consideration and approval.

Join our WhatsApp Channel

Capital expenditure in the budget was estimated to be N823.35 billion, while recurrent expenditure was put at N564.93 billion.

Details shortly…

Victor Ezeja

Correspondent at Prime Business Africa | + posts

Victor Ezeja is a passionate journalist with seven years of experience writing on economy, politics and energy. He holds a Master's degree in Mass Communication.

Latest from News

Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

Former Anambra State Governor, Peter Obi, has accused the administration of President Tinubu of fiscal recklessness, citing what he described as Nigeria’s growing culture of overlapping budgets, poor implementation, and declining transparency in public finance management. In a statement on Monday, Obi

Tinubu’s Reforms Driving Nigeria’s Rising Role in Global Growth – Presidency

Nigeria’s inclusion among the world’s top 10 contributors to global real GDP growth projected for 2026 is a clear validation of the economic reforms being implemented by President Tinubu, according to the Presidency, Prime Business Africa reports. Data released by the

Tinubu Hails Fela Kuti on Posthumous Grammy Lifetime Achievement Award

President Tinubu has paid glowing tribute to Afrobeat pioneer, Fela Anikulapo Kuti, following his posthumous recognition with the Recording Academy of America’s Grammy Lifetime Achievement Award, Prime Business Africa reports. In a statement issued by the State House on Sunday, the President

US Cannot Force Nigeria to Cancel Turkey Arms Deal – Defence Chief

Nigeria’s defence minister has said the United States cannot pressure the government into cancelling its new military partnership with Turkey, as the country prepares to receive defence equipment and technology from Ankara in the coming weeks. General Christopher Musa, a former chief

Rwanda Leads Sub-Saharan Africa in Rule of Law Rankings – WJP Index 2025

Rwanda has been ranked as the country with the strongest rule of law in Sub-Saharan Africa, according to the World Justice Project (WJP) Rule of Law Index 2025, a global benchmark that measures how effectively countries uphold legal accountability, justice and governance

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

BREAKING: Gov. Sanwo-Olu Presents N1.388trn 2022 Budget

Victor Ezeja

Victor Ezeja

Related Posts

Tanker Overturns at Tincan Liverpool Bridge, Apapa; Residents Seen Scooping Spilled Diesel

Team Brazil Triumphs as Lagos Makes History with Africa’s First E1 Grand Prix

Cooking Gas Prices Hit Record High, Lagos Households Reel

Obi Condemns Lagos Trade Fair Demolitions, Calls for Justice and Compassion

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

ALAT by Wema Bags 2021 Most Outstanding Digital Bank Brand

Featured Stories

Giants Real Madrid Becoming Teeters

In the House of ‘My Lord’, There are Judgments – Odinkalu

Related Posts

Tanker Overturns at Tincan Liverpool Bridge, Apapa; Residents Seen Scooping Spilled Diesel

Team Brazil Triumphs as Lagos Makes History with Africa’s First E1 Grand Prix

Cooking Gas Prices Hit Record High, Lagos Households Reel

Obi Condemns Lagos Trade Fair Demolitions, Calls for Justice and Compassion

Latest from News

Obi Accuses Tinubu Government of Fiscal Recklessness Over Overlapping Budgets

Tinubu’s Reforms Driving Nigeria’s Rising Role in Global Growth – Presidency

Tinubu Hails Fela Kuti on Posthumous Grammy Lifetime Achievement Award

US Cannot Force Nigeria to Cancel Turkey Arms Deal – Defence Chief

Rwanda Leads Sub-Saharan Africa in Rule of Law Rankings – WJP Index 2025

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

ALAT by Wema Bags 2021 Most Outstanding Digital Bank Brand

Dollar Records Mixed Fortune In Parallel, Official Markets

Suggestions

BREAKING: Gov. Sanwo-Olu Presents N1.388trn 2022 Budget

Related Posts

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

ALAT by Wema Bags 2021 Most Outstanding Digital Bank Brand

Featured Stories

Related Posts

Latest from News

Nigeria’s Top 5 Banks’ Earnings Rise Above N1.5trn, Profit Up By 39.4%

ALAT by Wema Bags 2021 Most Outstanding Digital Bank Brand

Don't Miss