Understanding Budget Process Is Necessary For Oversight Functions – Obasa

The Speaker of thr Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa has said that comprehending what budget process constitutes was necessary for the oversight functions of the lawmakers.

Obasa made this disclosure in his keynote address during the opening ceremony of a 3-Day Budget Retreat organised by the Assembly in Abeokuta, Ogun State.

The retreat with the theme: “Imperative of Transformative Governance in Lagos State Through Effective Budgeting and Implementation,” was intended to refresh and equip the lawmakers with adequate knowledge for the discharge of their legislative functions with regards to budgeting and Implementation.

“Comprehending what budget process constitutes is germane to our daily oversight functions. While we may not be new to basic components of budget, it is a matter of importance that we refresh our understanding about budget implementation

“This need is as important as the need to apply all the components to the development, monitoring and implementation of the budget,” Obasa explained .

The Speaker who was represented by the Deputy Speaker, Hon. Wasiu Sanni-Eshinlokun, in his address, harped on the importance of budgeting and money management to living a debt -free life.

“One of the most difficult situations people face in life is financial difficulties.

“The main reason for this is poor budgeting. Often times, people are not taught how to budget early enough in life to understand how important good money management is to living a debt-free life,” he said.

The Clerk of the House, Mr Azeez Sanni, earlier in his welcome address said that the retreat was organised to assess the financial position of the state and explore ways of achieving a realistic year 2020 Budget.

Sanni said that the retreat would be reviewing the extent of the implementation of the year 2019 Budget, and analysing the viability of the year 2020 Budget proposal.

The Clerk said that this would be achieved towards making informed position and exploring the best ways to implementing same to meet emerging challenges of the state.

“In line with the constitutional responsibilities of the House, the appropriation bill has gone through the second reading and stands committed to the relevant committees of the House for further legislative action.

“Considering the combined and determine vision, aspiration and commitment of both the House and executive of arm of government ensuring a rapid transformation of the state. This is the most particularly in the realistic fulfilment of campaign promises to the citizens,” he said.

Hon. Wasiu Sanni -Eshinlokun (rep Lagos Island I) who was also speaking in his own capacity as the Deputy Speaker of the House, explained the significance of the budget retreat, he said the retreat became necessary to focus on budget preparation, implementation and monitoring as the state government is moving from not just development but to tranformative leadership.

Concerning the challenges of budget implementation, Eshinlokun said this was not just a problem in Nigeria alone bot in both developed and developing nations because there were so many exigencies in government and circumstances that may hamper budget implementation.

“Do not forget budget is a proposal and a forecast which can be disrupted by so many factors, that is why it is necessary to diligently follow the implementation through continuous international and external control”, he said.

The Chairman House Committee on Budget and Economic Planning, Hon. Gbolahan Yishau (rep Eti-Osa II) responding to questions from journalists on whether there is need for the house to step up her game on oversight functions so that the public would not be seeing her actions as witch-hunt or after-thought, like in the case of former governor Akinwunmi Ambode and the Chairman of Ifako-Ijaye Local Government, Apostles Toba Oke who was just suspended by the house on Friday for money misappropriated since year 2012.

The lawmaker explained that the house does not do anything in retrospect as the house always raise those issues as they occur.

“The Speaker have said it and I am sure you heard him, most of these issues we raised them as they occur and we ask for information, sometimes, the information does not come on time, maybe the executive was stalling, you know the bureaucracy of government, but we always raise them as they happen.

Demoncracy is an environment that gives fair hearing, proper investigation must be done. Sometimes you see Police even in other climes investigating a case for 10, 20 yeears, so if the executive is not cooperating it will drag things, nothing is done in retrospect here, that much I can asure you”,Yishau maintained.

On if there is a mechanism to measure effectiveness of such training programme so it does not become another episode in the litany of legislative rituals, Yishau said budget performance was the parameter to measure.

The best way to measure is performance, for instance, if we are able to ensure that this budget perform to maximun percentage using Key Performance Indicators KPI, then, the training is effective.

We had a lot of problems in the last administration as to staying within the budget and that has really derailed measuring performance indexes but I am sure we will get it right with this new administration “, he said.

In line with Hon. Yishau’s position, Hon. Bisi Yusuf (rep Alimosho I) also expressed optimism that the house may not likely have problem with the new administration regarding budget implementation.

“Governor Babajide Sanwo-Olu have started well, if he continues like this ,we may not have problem with him in the area of budget implementation and in delivering the dividend of democracy to the good people of Lagos state unlike in the last administration”. Hon. Yusuf said.

The Resource Person, Rev. Olusoga Badejo who spoke on the topic;”An Overview of Budgeting Process “‘, quoting from Section 121(1) of the 1999 constitution as amended, explained that a budget becomes a legal document upon preparation and approval and must be implemented as such.

He however, noted that an effective budget planning can never take the place of executive ability in terms of performance, therefore, good budgeting must be matched with good administrative ability for success to be achieved.

Badejo said government cannot afford to do things with impunity which is an advantage of budget. He explained that budget retreat helps to understand the effective control of the activities of every ministry and department.

LAGOS ASSEMBLY SUSPENDS COUNCIL BOSS

The Chairman, Ifako/Ijaiye Local Government, Mr. Oloruntoba Oke has been indefinitely suspended for financial misappropriation of funds and abuse of Office.

Mr. Oke was suspended on Friday by the Lagos Lawmakers sequel to the petition from concerned citizens of Ifako/Ijaiye alleging him of mismanagement and financial recklessness.

Rt. Hon. Mudashiru Obasa, Speaker, Lagos State had earlier set up a 5-Man Ad Hoc Committee on Local Government Administration and Community Affairs to investigate the allegations and report its finding.

The Ad Hoc Committee headed by Hon. Rotimi Olowo after series of meetings and assessment tour of the Local Government discovered that the suspended Council boss obtained a loan form Skye Bank in 2012 to execute five projects in the Council while the projects for which the loan was obtained have not been completed.

It was also observed that all conditions stipulated in the loan as approved by the Ministry were violated and the huge amount expended on the construction of the new secretariat complex did not commensurate with the work level.

Hon. Olowo in the report presented during the Plenary Session stated that the Council Chairman’s response to the Committee that upon his assumption of office in 2011, he had sought the approval of the State Government to obtain a soft loan from Skye Bank to execute thirteen (13) critical projects which included the construction of the Local Government Secretariat.

In his contribution, Hon. Wahab Jimoh said the Committee’s findings exposes errors created by the bureaucracy system of governance which does not exempt the Council Manager and the Treasurer. He further explained that the Local Government Council boss shouldn’t be sanctioned alone.

Agreeing with the resolution of the House, Hon. Tobun Abiodun stressed that the Local Government Chairman worked in total deviance of the procurement and the job executed is not in tandem to the money expended, therefore is a flagrant disobedience to order and the law.

“It is expected that the Local Government at the stage should do all humanly possible to support and collaborate with the effort of the State Government in making life more meaningful to our people. The Chairman who has gone against the conventions of the Law should be suspended and this should serve as deterrent to those who have intention of violating the administrative guideline”. He said.

Hon. Bisi Yusuff expressed support on the resolution of the House, noting that the Local Government Council is controlled by the trio of Council Chairman, Council Treasure and Council Engineer. He further opined that the Supervising Councilor and the Councilors are just an appending to the Local Government Chairman. He added that the resolution of the House will bring about discipline in governance.

Consequently, the Committee recommended that the Vice Chairman of the Council should take over the affairs of the council with immediate effect.

The Speaker then directed the Clerk of the House, Mr. Sanni Azeez to forward the resolution to the appropriate offices for notification.

LAGOS LAWMAKERS TASK PUBLIC WORKS CORPORATION, CONTRACTORS ON SCHEDULED ROAD MAINTENANCE

Members of the Lagos State House of Assembly have urged the Lagos State Public Works Corporation (LSPWC), Contractors and other Transportation Agencies to embark on scheduled road maintenance to ease the traffic situation in the State particularly during peak hour.

The resolution was made following a motion moved by the Chairman, House Committee on Transportation, Hon. Temitope Adewale representing Ifako/Ijaye Constituency I, on the need for contractors to amend the work hours on which the roads are to be repaired.

Hon. Temitope while commending the State Governor for the training of 1,000 Lagos State Traffic Management Agency (LASTMA) and Police Officers solely to manage, control and regulate traffic related issues within Lagos and the 116 massive ongoing rehabilitation of roads called on the Ministry of Transportation and Lagos State Public Works Corporation to reach out to relevant traffic agencies to enlighten masses about road usage during ongoing constructions.

He further appealed to State residents to cooperate with all the agencies involved and implored security agencies to desist from extorting the masses at check points.

Hon. Rotimi Olowo, while commenting on the perennial traffic position in the State posited that contractors need to adjust the schedule for road maintenance especially during closing hours from work.

He therefore implored the Public Works Corporation to repair roads during work hours and on weekends, especially late hours between 11pm and 5am, and to request security agencies when needed to safeguard them at night.

The Finance Committee Chair added that they should not hesitate to call on the State Commissioner of Police to direct officers to their aid. He also advised that priority be given to areas with high risk of potholes and in desperate need of road maintenance.

In his contribution, Hon. Bisi Yusuff opined that the need for this motion is crucial, as this would show Lagosians that the House is aware of recent traffic development in the State, while appealing to residents to exercise patience in the course of maintenance.

Hon. Rotimi Makinde also remarked that though the Lagos road is synonymous with traffic invasion but the water ways can be used as alternative for the time being. He added that the yuletide also aid traffic congestion due to influx of people from various parts of the country with the sole purpose of buying and selling in Lagos.

While commending the government for being proactive when it comes to road construction and rehabilitation, Hon. Desmond Elliot maintained that the House should call on all agencies to fine-tune their modes of operation, and how it can be adjusted for the time being.

He added that contractors must be urged as well to perform effectively and provide Lagos with a long lasting road in order to avoid recurrence as experienced by the people.

“It is going to be hard at the beginning but it would ease up eventually.” He appealed to Lagosians.

In the same vein, Rt. Hon. Mudashiru Ajayi Obasa, the Speaker, opined that it is indeed painful to commute on roads, while appreciating the Vehicle Inspection Officer (VIO), Lagos State Traffic Management Agency (LASTMA), Federal Road Safety Corps (FRSC) and the Lagos State Police Command officials for their efforts during this period.

Moreover, he enjoined the State Governor to direct the Ministry of Transportation, State Public Works Corporation and all other agencies involved to engage contractors especially the rail line contractors to agree on hours to suspend activities for road users to commute easily.

The House also asked all Security agencies to stop all check points that create untold hardship on commuters and enjoined Chairman, Lagos State Task Force to join in the operation in order to ease traffic gridlock in the State.

LAGOS ASSEMBLY APPROVES N250 BILLION LOAN

The Lagos State House of Assembly has approved the sum of Two Hundred and Fifty Billion Naira, through loan and bonds as requested by the Executive Arm.

The approval of the bond was for the State to address some of the Infrastructural gap in order to prepare the State for a Smart Mega City status which prompted the State to go Capital market for bond and loan to make the Y2019 budget performance 100 percent.

It would be recalled that the House at its Plenary on Tuesday, 19th November, 2019 granted the request of Governor Babjide Sanwo-Olu for the bond.

Presenting the report, Chairman, Finance Committee, Hon. Rotimi Olowo said the House recommended the grant approval for the issuance of 100 Billion Naira bond and 50 Billion Naira syndicated loan facility to the State.

According to the Chairman, the projected financing had been factored into the debt profile analysis as at 31st December, 2019 which shows a total debt profile of ₦ 1.085 Trillion.

Hon. Olowo stated that debt service to revenue ratio is at 25% in 2019 which was below the required threshold of 30% required by Country policy and Institutional Assessment (CPIA) World Bank assessment.

The recommendation was adopted as the resolution of the House.

Boost Post

36 States Assembly Speakers Push for Executive Order on Legislative Autonomy

Speakers of the 36 State Houses of Assembly on Thursday urged President Muhammadu Buhari to issue an executive order on the implementation of full autonomy for state legislatures.

The call was part of the agenda of a meeting between President Buhari and the speakers at the Presidential Villa, Abuja.

The speakers were led by the Chairman of the Conference of Speakers of State Houses of Assembly and Lagos State House of Assembly Speaker, Mr. Mudashiru Obasa.

Speaking with State House Correspondents after the meeting, Obasa noted that although the amended 1999 Constitution had incorporated the independence and financial autonomy for state legislatures, it was not being implemented in many states.

According to him, a presidential intervention by way of an executive order would fast-track the implementation across the Federation.

“So, we are urging Mr. President to intervene and speed up the implementation.

“We urged the President to come in by an executive order for this implementation to move faster,” he said.

The group also called for the devolution of powers to the states and local governments through a review of the Exclusive Legislative list.

PRESIDENT BUHARI SAYS CONSTITUTIONAL CONSTRAINTS DELAYING AUTONOMY OF LEGISLATURE

President Muhammadu Buhari Thursday in Abuja urged lawmakers in the country to always place interest of the people first in all deliberations and negotiations, while pointing out that the autonomy of state legislatures has been constrained by the constitution.

Receiving the Conference of Speakers at the Presidential Villa, President Buhari said the constitution upholds the standard for all public officers and institutional operations. He said it must be adhered to, or altered to reflect some dynamics and realities of the country.

“I try as much as I can to always be loyal and obedient to the constitution so long as it is humanly possible,’’ he said.

The President said his administration will keep pursuing the prosperity of all Nigerians by creating more jobs for the people, and plugging the weaknesses exploited by many to make quick money.

“The 8th National Assembly sometimes kept the budget for seven months. And I had to call the Senate President and the Speaker then. I told them by delaying passage of the budget you are not hurting Buhari, but the people,’’ he added.

President Buhari said the delay persisted in spite of his efforts to seek more understanding.

The President said he will ensure equity and fairness that put the ordinary Nigerian on top priority, assuring that he will continue to focus on health, education, infrastructure and improving lives through social intervention programmes.

“We have in the last four years dedicated significant resources to key social services sectors especially in health, education as well as our massive social investment programs. We have also started restoring our infrastructure to levels that this country expects.

“I also want to assure you that we remain committed to ensuring that equity and fairness prevail in governance. I will ensure that we consult your conference to further enhance the positive impact of our interventions across the country,’’ President Buhari said.

In his remarks, the Chairman of the Conference of Speakers, who is also the Speaker of the Lagos State House of Assembly, Mudashiru Obasa, commended the President for the fight against corruption and insurgency, and efforts to ensure financial autonomy for the legislature and judiciary.

Obasa said the legislatures would be further pleased if the President issues an executive order directing the Accountant General of the Federation to separate funds for the state legislature and judiciary at source.

The Conference of Speakers chairman also urged the President to consider supporting the devolution of powers to states on some issues on the exclusive list like railway and the police for more effective governance.

LAGOS LAWMAKERS CONDEMN INCESSANT HARASSMENT OF BADAGRY BUSINESS OWNERS BY NIGERIA CUSTOMS SERVICE

Officers and men of the Nigerian customs service have been condemned by the Lagos State House of Assembly over unwholesome activities of Nigeria Customs Service (NCS) towards coconut traders and other business owners in the state.

The service was condemned by the Lawmakers sequel to a motion moved by Hon. David Setonji who sought his colleague support to condemn the incessant harassment of coconut trader and seizure of locally sourced coconut product by the Officers of the Nigeria Customs Service (NCS).

With the continuous harassment of the Lagos State coconut and Traders Association and seizures of their products by the Officers and other security agencies operating within Badagry and its environs, the prime mover expressed his displeasure over the incessant harassment that has affected the economic activity of the Communities.

Hon. Setonji narrated an incident that occurred on 27th October, 2019, when two (2) trucks and a pick-up vehicle loaded with 1,450 bags of locally sourced coconut were seized by the officer of the Border Drill Operations, Zone “A”, Ikeja of the service at Agbara Customs Point, after crossing the popular Agbalaka Central Coconut market, beside the Nigeria Customs Marine Base, Badagry.

The Badagry Constituency 11 representative added that this case of harassment in recent time is not limited to coconut traders but has also extended to other businesses including automobile as well as Communities; while efforts made by the Association to secure the release of the trucks with goods proved abortive.

“There are more than Ninety-Six (96) Communities within Badagry whose sole means of livelihood are in coconut, coconut products and fishing business; unless the activities and excess of these operatives are urgently checked, a lot of small and medium scale businesses would collapse with their consequences on the economy of the state.” He said.

In his contribution, Hon. Bisi Yusuff stated that it is unfortunate that such incidents still happen in the country, urging the government to encourage the public to embark on local production and not terrorize them while conducting their businesses.

Hon. Abiodun Tobun noted that most coastal areas are involved in coconut cultivation and distribution, while advising the Customs to engage themselves on how to improve on the activities and generate more revenues for the Government rather than manhandling the citizens

In the same vein, Hon. Okanlawon Sanni, explained that the Lagos State Coconut Development Authority (LASCODA) was established to stimulate and regulate economic activities in order to bring growth to the business.

He also opined that the current activities of the Customs in Badagry do not encourage diversification and are contrary to the objectives of which the LASCODA was founded on.

In conclusion, Hon. S.O.B Agunbiade stated that there was need to confirm if the seized goods were actually auctioned and the motives behind it, when it is not the duty of the Customs to confiscate indigenous local goods.

In his ruling, Rt. Hon. Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, observed that the actions of the Custom Officers do not conform to the context of the Nigeria Laws.

He therefore instructed that a letter be written to the National Assembly to direct another letter to Mr. Governor to call on the State Commissioner for Commerce and Industry to organise a Stakeholders’ Meeting with the Custom Service and the business owners affected.

On Tue, 19 Nov 2019, 8:06 PM Tomori Adeleke, <tomlek0202@gmail.com> wrote:
LAGOS LAWMAKERS CONDEMN INCESSANT HARASSMENT OF BADAGRY BUSINESS OWNERS BY NIGERIA CUSTOMS SERVICE

Officers and men of the Nigerian customs service have been condemned by the Lagos State House of Assembly over unwholesome activities of Nigeria Customs Service (NCS) towards coconut traders and other business owners in the State.

The service was condemned by the Lawmakers sequel to a motion moved by Hon. David Setonji who sought his colleague support to condemn the incessant harassment of coconut trader and seizure of locally sourced coconut product by the Officers of the Nigeria Customs Service (NCS).

With the continuous harassment of the Lagos State coconut and Traders Association and seizures of their products by the Officers and other security agencies operating within Badagry and its environs, the prime mover, expressed his displeasure over the incessant harassment that has affected the economic activity of the Communities.

Hon. Setonji narrated an incident that occurred on 27th October, 2019, when two (2) trucks and a pick-up vehicle loaded with 1,450 bags of locally sourced coconut were seized by the officer of the Border Drill Operations, Zone “A”, Ikeja of the service at Agbara Customs Point, after crossing the popular Agbalaka Central Coconut market, beside the Nigeria Customs Marine Base, Badagry.

The Badagry Constituency 11 representative added that this case of harassment in recent time is not limited to coconut traders but has also extended to other businesses including automobile as well as Communities; while efforts made by the Association to secure the release of the trucks with goods prove abortive.

“There are more than Ninety-Six (96) Communities within Badagry whose sole means of livelihood in coconut, coconut products and fishing business; unless the activities and excess of these operatives are urgently checked, a lot of small and medium scale businesses would collapse with their consequences on the economy of the State.” He said.

In his contribution, Hon. Bisi Yusuff, stated that it is unfortunate that such incidents still happen in the Country, urging the government to encourage the public to embark on local production and not terrorise them while conducting their businesses.

Hon. Abiodun Tobun, noted that most coastal areas are involved in Coconut cultivation and distribution, while advising the Customs to engage themselves on how to improve on the activities and generate more revenues for the Government rather than manhandling the citizens

In the same vein, Hon. Okanlawon Sanni, explain that the Lagos State Coconut Development Authority (LASCODA) was established to stimulate and regulate economic activities in order to bring growth to the business.

He also opined that the current activities of the Customs in Badagry does not encourage diversification and is contrary to the objectives of which the LASCODA was founded on.

Conclusively, Hon. Sanai Agunbiade stated that there is need to confirm if the seized goods were actually auctioned and the motives behind it, when it is not the duty of the Customs to confiscate indigenous local goods.

In his ruling, Rt. Hon. Mudashiru Obasa, the Speaker of the Lagos State House of Assembly, observed that the actions of the Custom Officers do not conform to the context of the Nigeria Laws.

He therefore instruct that a letter be written to the National Assembly to direct a letter to Mr. Governor to call on the State Commissioner for Commerce and Industry to organise a Stakeholders’ Meeting with the Custom Service and the business owners affected.

LAGOS LAWMAKERS SEEK PROSECUTION OF INDISCRIMINATE REFUSE DUMPING OFFENDERS

Members of the Lagos State House of Assembly have called for the prosecution of perpetrators of indiscriminate refuse dumping across the State.

This resolution was made sequel to a motion moved by the Majority Leader, Hon. Sanai Agunbiade during the Plenary Session on Monday.

Hon. Agunbiade who is the prime mover of the motion noted that despite the enlightenment campaigns by the Government and the Lagos State Waste Management Agency, LAWMA, residents have not desisted from dumping refuse at unauthorised places across the State, while some unscrupulous individuals continue to dump refuse indiscriminately.

He expressed his worries that funds and administrative efforts that could have been expended on other sectors are concentrated on the clearing of refuse dumped indiscriminately.

Hon. Agunbiade sighted sections 115(4) and 116 Part IV ; Environmental Sanitation, Statutory Nuisances and litters and section 81, part III; Lagos Waste Management Authority, LAWMA of the Environmental Management and Protection Law, 2017 which prohibit dumping of refuse at undesignated places with specific sanctions in Lagos State

According to him, if perpetrators of this indiscriminate refuse dumping are arrested, prosecuted and sanctioned for offences provided in the relevant sections of the aforementioned laws, deterrence would be accomplished and sanity shall return to our streets.

Hon. Bisi Yusuf while commending the prime mover of the motion noted that “this is the right time to implement the environmental protection laws. He advised that apart from community sentencing, perpetrators should be given uniform while they serve in their locality.

Hon. Rasheed Makinde stated that it is very worrisome that in Lagos we are still having challenges on how to dispose our waste. He said people coming to Lagos everyday with different background do not understand how we live in the State to the extent that when it rains, you will see people pouring their waste into drainage, this in turn block the drainage and give way for water to flow on the road which causes potholes and bad roads.

He said Local Government and environmental officers must come out to monitor their domain and be able to arrest perpetrators.

Hon. Tobun said despite the money spent on waste the attitude of the people have not changed, people still drop waste in the median, drainage and road sides. He further stressed that who so ever is caught dumping refuse indiscriminately should be made to sweep publicly.

The House thereafter resolved to call on the Governor Babajide Sanwo-Olu to direct the Commissioner for Ministry of Environment to ensure the enforcement of the relevant sections of Environmental Management and Protection law, 2017 and to ensure that perpetrators of unlawful refuse disposal are sanctioned with community sentencing directed at refuse clearing within the locality of the offence.

LAGOS ASSEMBLY DISSECTS Y2020 BUDGET DURING SECOND READING

Members of the Lagos Assembly, during plenary today dissected the Y2020 budget presented by Governor Babajide Sanwo Olu recently.

The Governor had presented and laid the Y2020 budget before the Assembly Members, for their consideration and approval.

The budget estimates cover a capital of ₦723,505,404,313 and recurrent of ₦445,056,479,673 bringing the total budget size to ₦1,168,561,893,991 for the year ending 31st December, 2020.

The Majority Leader, Hon. Sanai Agunbiade had in a motion sought the approval of the Speaker, Rt. Hon. Mudashiru Obasa, with the support of other Members to take the Y2020 budget for second reading and was obliged.

Meanwhile, in an overview of the budget, Members painstakingly discussed the provisions of the budget as presented by the Governor.

Hon. Rotimi Olowo, in his submission, highlighted that looking at the budget size and the reality of performance, there is discordance as the budget is predicated on revenue which therefore makes the budget over-ambitious.

“This budget is of great leap, not reawakening. Committee of Economic Budget and Planning should therefore scrutinise thoroughly; otherwise, there will be re-ordering before the end of Y2020, which is illegal”.

Hon. Rotimi Abiru, while advising that the Governor should work within what the administration can easily generate, noted that the budget of re-awakening speaks a lot about the direction Mr. Governor wants to lead his administration on.

He added that though the budget is ambitious, it puts high expectation on Lagos State Internal Revenue Service (LIRS). However, what is realistic in relation to revenue generated is important.

Hon. Jude Idimogwu, in his remarks, stated that the budget projection should be realistic, so that the gap would be achievable; as the performance of the Y2019 budget was not good enough, not with an increase of over 25% for Y2020.

Contributing to the discussions, Hon. Gbolahan Yishawu, added that the budget may look large but the Sanwo-Olu Government is trying to be transparent, as in the past 5 years, this is the only budget that has captured debt servicing. “This is achievable if leakages can be blocked and more revenues generated”.

Rt. Hon. Mudashiru Obasa expressed that the budget estimate is not out of place, if all efforts are being added to ensure the success of the budget. He therefore, committed the budget to the House Committees on Economic Planning and Budget and Finance to report back to the House in six weeks.

LAGOS ASSEMBLY DISSECTS Y2020 BUDGET DURING SECOND READING.

Members of the Lagos Assembly, during plenary today dissected the Y2020 budget presented by Governor Babajide Sanwo Olu recently.

The Governor had presented and laid the Y2020 budget before the Assembly Members, for their consideration and approval.

The budget estimates covers a capital of ₦723,505,404,313 and recurrent of ₦445,056,479,673 bringing the total budget size to ₦1,168,561,893,991 for the year ending 31st December, 2020.

The Majority Leader, Hon. Sanai Agunbiade had in a motion seeks the approval of the Speaker, Rt. Hon. Mudashiru Obasa, with the concurrent of other Members to take the Y2020 budget for second reading and was obliged.

Meanwhile, in an over-view of the budget, Members painstakingly discussed the provisions of the budget as presented by the Governor.

Hon. Rotimi Olowo, in his submission, highlighted that looking at the budget size and the reality of performance, there is discordance as the budget is predicated on revenue which therefore makes the budget over-ambitious.

“This budget is of great leap, not reawakening. Committee of Economic Budget and Planning should therefore scrutinize thoroughly otherwise, there will be re-ordering before the end of Y2020, which is illegal”.

Hon. Rotimi Abiru, while advising that the Governor should work within what the administration can easily generate, he noted that the budget of re-awakening speaks a lot about the direction Mr. Governor wants to lead his administration on.

He added that though the budget is ambitious, and yet it puts high expectation on Lagos State Internal Revenue Service (LIRS). However, what is realistic in relation to revenue generated is important.

Hon. Jude Idimogwu, in his remarks, stated that the budget projection should be realistic, so that the gap would be achievable; as the performance of the Y2019 budget was not good enough, not with an increase of over 25% for Y2020.

Contributing to the discussions, Hon. Gbolahan Yishawu, added that the budget may look large but the Sanwo-Olu Government is trying to be transparent, as in the past 5 years, this is the only budget that has captured debt servicing. “This is achievable if leakages can be blocked and more revenues generated”.

Rt. Hon. Mudashiru Obasa expressed that the budget estimate is not out of place, if all efforts are being added to ensure the success of the budget. He therefore, committed the budget to the House Committees on Economic Planning and Budget and Finance to report back to the House in six weeks.

Credit: Public Affairs Directorate, Lagos State House of Assembly.