Babajide Sanwo-Olu, governor of Lagos state, has presented the sum of N1.15 trillion for the 2021 Budget Estimate titled: BUDGET OF REKINDLED HOPE.
The 2021 budget is centred 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.
See the full breakdown of the budget below;
Education – N143.6 Billion
Health – N118.3 Billion
Agriculture – N18.3 Billion
Infrastructure (Works) – N172.2 Billion
Transportation – N98.9 Billion
Waterfront – N11.7 Billion
Environment – N50.9 Billion
Drainage – N11.9 Billion
Tourism, Arts & culture – N6 Billion
Commerce – N41.9 Billion
Energy – N32.5 Billion
Recreation and Culture – N5.1 Billion
Housing and Community Sector – N40.2 Billion
The human development MDAs comprising the Ministries of Education, Women Affairs and Poverty Alleviation, Wealth Creation, (including @LSETF) and SDGI.
The Cumulative budgetary provision towards Human capital development effort from these MDAs total is N148.57 billion.
– Focus on the rise of substance abuse among youths
– Youth mentoring, mental health support, and substance abuse rehabilitation
– Enforcement of Lagos State Residents Registration Agency (LASRRA) registration
– Enforcement of Physical Planning rules- Increase the size of the Lagos Neighborhood Safety Coprs (LNSC) with more training.
– LightUp Lagos initiative
– More funding for @LSETF