Lagos state 2016 budget pdf form

For instance, on december 17 2015, the governor presented a budget of n662. Ministry of education, lagos state creating a better. Lagos and the 2016 peoples budget the guardian nigeria. Akinwunmi ambode right, with the speaker, lagos house of assembly, mudashiru obasa at the presentation of the 2017 budget estimates at. The highest budget presented so far is this time cross river state with a proposed whooping expenditure of n1. Figure 1 internallygenerated revenue in lagos state, 19992016 12 figure 2 luc revenue generation, 20012015 17 figure 3 lucassessed properties and taxpayers, 20102014 18. The debt service cost is expected to increase by 42. It is a major financial centre and would be the fifth largest economy. Federal local state similarly, budgetary allocations are shared among these governments as follows. Lagos assembly passes 2017 state budget into law lagos. Lagos is a port which originated on islands separated by creeks, such as lagos island, fringing the southwest mouth of lagos lagoon while protected from the atlantic ocean by barrier islands and long sand spits such as bar beach.

Abridged budget ministry of economic,planning and budget. In 2015 citizens elected president muhammadu buhari of the all progressives congress party to a fouryear term in the first successful democratic transfer of power from a sitting president in the countrys history. The government is headed by the governor who is the policymaker and often assisted by the commissioners and other civil servants of the state. In order to fund the 2016 budget, borrowing will increase and hence debt service expenditure. Lagos facilities maintenance section fac applicability. Nigeria including lagos state, ogun state, oyo state, osun state. With no intentions to reinvent the wheel, this plan is designed to leverage already available expertise, tools, partnerships and resources to improve access, quality and relevance of the publicschool system and administration in lagos state. Outlining the key components of the budget, governor ambode said capital. Except lagos state that generate internally about 55% of its budget most states basically depend on federal allocation for survival.

The special duties department in the ministry of budget and national planning mbnp, is one of the service wide departments established on 12th august, 2014 by the office of the read more macroeconomic analysis. January 2016 history of lagos prior to the portuguese name of lagos being adopted, lagos was originally called eko, which stems from either oko yoruba. Nigerias total debt profile will become 14% of gdp. The lagos state government generated total revenue of n101. Earmarks 67% to capital expenditure, 33% for recurrent. Ministry of economic,planning and budget just another lagos state government site. The publications below were developed during the state partnership for accountability, responsiveness and capability sparc programme, an initiative of the nigerian and uk governments, which worked to improve governance and reduce poverty in nigeria from 2008 to 2016. Lagos budgets n8 billion for 2017 the guardian nigeria. Christened the 2018 budget budget of progress and development. In 2016, the budget was prepared on the principles of zero based budgeting to ensure our resources were prudently managed and utilized solely for the public good. The combined budget of the five major oilproducing states is equivalent to the national budget of. Budgit is a civic organisation driven to make the nigerian budget and public data more. Nigerian states budget analysis linkedin slideshare. Taxation, property rights and the social contract in lagos.

The lagos state house of assembly on tuesday passed the 2017 budget proposal of n812. Nigeria the budget is normally presented by the executive arm of the government to the legislative arm before it becomes appropriation bill. Yobe state in the northeast has the lowest budget proposal so far pegged at n92. Giving a breakdown of the budget figures, governor ambode put the recurrent. Lagos state government is the government of lagos state, concerned with the administration of the state ministries. The administration of government in nigeria is through three levels. Foreword 1 foreword the humanitarian world is grappling with a range of crises, from intrastate conflicts to natural disasters. Akinwunmi ambode, presenting the y2018 budget estimates to the house, at the assembly complex, alausa, ikeja, on monday, december 11, 2017. United states mission nigeria vacancy announcement no. Approved budget ministry of economic,planning and budget. The smallest in area of nigerias 36 states, lagos state is arguably the most economically important state of the country, containing lagos, the nations largest urban area. Lagos sound government, sensible budget sahara reporters.

Akinwunmi ambode, yesterday, disclosed that despite the current challenging economic environment, the overall 2016 budget performance of the state as at. Copies of niger delta development commissions nddc budgets and related fiscal materials available at ndebumog regional budget library. Pdf statutory allocation and budget implementation in southwest. Make a budget use this worksheet to see how much money you spend this month. The lagos state governor, akinwunmi ambode, on tuesday presented the 2017 budget proposal of n8 billion to the house of assembly, assuring that the budget would be judiciously implemented to. Key budget assumptions the above revenue projections are based on the following assumptions. Christians form a substantial majority, and a very small minority of the population is muslim. Akinwunmi ambode has presented the year 2018 budget proposal of n1. Download 2020 budget breakdown tax matters nigeria.

All ministry and presidential budgets now available for public this report contains all the budgets for nigerias ministries, major executive offices, various commissions, and civil. Budgit is a civic organization that applies technology to intersect citizen engagement with institutional improvement, to facilitate societal change. Governor akinwunmi ambode has presented a 2017 budget proposal of n812. Nigeria is a federal republic composed of 36 states and the federal capital territory fct. Governor ambode, who tagged the budget, golden jubilee budget, said that it would promote massive investment in security, transport, road construction physical and social infrastructural development. Personal income tax in nigeria is a tax levied on all incomes of an individual employed by a business or organization.

The environmental subsector of lagos state which receives about 6% of the overall budget allocation, recorded a huge leap from the n335m. The lagos state budget over the last decade is an average of 583. Analysis of 2016 state budgets linkedin slideshare. For years, the lagos state budget has not provided adequate funding for maintaining and expanding the water system and resolving the lagos water crisis. Analyses of nigerias 2016 budget and medium term expenditure framework introduction on tuesday 22 december 2015, president muhammadu buhari presented the 2016 budget to the national assembly. The admitted students of jupeb batch 3 admission list has been released. The government consists of the executive, legislative and judiciary. Babajide sanwoolu, addressing lagosians and the press on covid19 update and lockdown in the state at read more. Nddc 2016 approved budget capital projects nddc approved budget 2014 volume 2 projects capital expenditure nddc capital projects budget 20. This research project was initiated to study the legal and administrative framework guiding current urban planning processes in lagos. The 2016 ocha plan and budget explains how ocha intends to boost humanitarian effectiveness in a year when more.

The total faac allocations received by states have significantly reduced from 2. Lasucas now offers certification in professional programmes. Lagos, sometimes referred to as lagos state to distinguish it from lagos metropolitan area, is a state in the southwestern geopolitical zone of nigeria. The budget allocation must be drastically increased to expand access. Evangelical christian denominations are growing rapidly in the central and southern regions. Oil revenue baseline assumptions average oil production is estimated to hit 2. Hence, the responsibility for the state budget is between the executive and legislative arm of the government. A partnership was formed with kebbi state in 2016 to build a rice mill this would.