Lagos State Governor, Babatunde
Fashola (SAN), has proposed a budget of N489.69 billion for the 2014
fiscal year to the House of Assembly.
Fashola, whose budget presentation
yesterday, was before a large audience of stakeholders, ranging from party
chieftains and captains of industries, amongst others, said the showed a slight
drop of about N10billion from the N499.604billion of the year 2013 budget.
He said the budget has N234.665
billion as recurrent expenditure and N255.025 billion for capital expenditure.
The breakdown showed a Total
Personnel Cost/Total Revenue of 19 per cent; Total Personnel Cost/IGR, of 27
per cent, and Personnel Cost as percentage of Recurrent Expenditure of 37 per
cent, anchored on a zero deficit financing requirement, he said.
The sectoral breakdown is as
follows: General Public Service, N100.215 billion; Public Order & Safety,
N17.977 billion; Economic Affairs, N160.046 billion and Environmental
Protection, N39.727 billion.
Also, N50.537 billion is allocated
for Housing and Community Amenities; N37.8 billion goes to Health; N3.482
billion, is set aside for Recreation, Culture and Religion, while N77.423
billion and N2.466billion are devoted to Education and Social Protection,
respectively.
Fashola, said because this is the
last full year budget that his administration would implement, there’s a slight
reduction in budget size when compared with the 2013 budget, stating that its
focus is “to complete on-going projects, and consolidate on the gains we have
made.”
He listed the sectoral highlights of
the 2014 budget as; General Public Service, Pensions, Residents Registration
and Issuance of permanent residents’ cards, implementation of Public
Procurement Law, Public Order and Safety, Computerisation/Automation of
Judicial procedures, including e-filing, Completion of on-going High/Magistrate
Courts’ projects, Renovation/Rehabilitation of Court Rooms and Judges Chambers,
and Improving Safety and Disaster Management.
He said the budget would also focus
on implementation of various Independent Power Projects, development of
Enterprise Zones in Gberigbe, Ikorodu and Upgrading of Yaba Industrial Park,
advancement of Ten-Lane Lagos-Badagry Expressway/Blue Rail Line Corridor,
completion of other on-going Road Construction Projects and pedestrian bridges,
Agric-YES, Accelerated Food Expansion Program, Rice, Animal Husbandry and Root
Crops, among others.
“One of our programmes that we will
be paying attenition to is the Residents’ Registration exercise. As I said at
the launch, it is for Residents of Lagos and no more. It seeks to register
everybody who intends to live here for up to 6 (six) months and beyond,
irrespective of where they come from,” he stressed, adding that “with effect
from the 1st of December 2013, it will be a requirement in terms of information
to be provided in order to enable us to provide service to you or process
requests from you.”
Tags
Politics
Dat is d production of Asiwaju Bola Ahmed Tinubu;Raji Fashola a brilliant n working governor and not an opportunist dat we thut dat as he claimed to haf a Ph.d n a former a lecterer who came 4rm a poor home wuld haf d kind heart n love 4 d masses n desire to develop our country Nigeria not knowing dat he is a crook who what he knows best is to help his people n friends to embezzle our money,he is gotten notin what so eva to offer Nigerians n d masses if not hardship n poverty.Ride on Fashola we are solidly behind u n 4 our national leader n peoples fighters n generous leader Asiwaju Bola Ahmed Tinubu we need more of ur production not only som1 to succed Fashola but also som1 to be our next president of d federal republic of Nigeria.God bless u Tinubu,God bless APC,God bless Nigeria
ReplyDeleteNice 1 bro
Delete