Wednesday, 19 September 2012

Fashola Requests For 30bn Supplementary Budget

Fashola


Governor Babatunde Fashola of Lagos State has requested for the amendment to the Year 2012 Budget Appropriation, to allow the government access extra N30billion.
The state House of Assembly had approved over N430 billion for the year 2012 budget which was signed into law.
The supplementary budget was contained in a letter from the executive to the legislative house and read by the Clerk of the House, Mr. Segun Abiru at the plenary session, yesterday, after resuming from a six week break.
According to the Clerk, the state Commissioner for Economic Planning and Budget, Mr. Ben Akabueze requested for the amendment to the Year 2012 Budget Appropriation.

Akabueze requested for the amendment to access N30billion facility provided for in the budget due to the non-inclusion of the facility in the Year 2012 foreign borrowing plan of the Federal Republic of Nigeria.
The Commissioner further explained in the letter that, approval of the request by the House of Assembly would prevent disruption of the infrastructure delivery programme of the state government.
In another development, a former Speaker of the  House of Assembly in the first Assembly, Dimeji Longe who represented Surulere in 1979-1983 legislative dispensation is dead.
The deaths of former speaker and two other former members were announced  on the floor of the House yesterday.
Also, the demise of two other former members, Tajudeen Ajayi representing Ibeju-Lekki in the fourth Assembly and Rasheed Oluwo representing Epe Constituency also in the first Assembly, was also reported.

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