Skip to content
July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • House Committee will block leakages in Lagos 2018 budget – Chairman
  • National News

House Committee will block leakages in Lagos 2018 budget – Chairman

Admin December 19, 2017

December 19, 2017

The Lagos State House of Assembly Committee on Appropriation on Tuesday said it would scrutinise the state’s 2018 budget and block leakages.

The Chairman of the Committee, Mr Gbolahan Yishawu (APC- Eti-Osa II), told newsmen in Lagos that the lawmakers would ensure judicious allocation of resources for the growth and development of the state.

““Traditionally, the House of Assembly will scrutinise the budget. We are going to ensure that we go deep. Every step we have taken is for the people of Lagos.

““We will ensure that the money for the people of the state is judiciously and strictly applied for development purposes.

“”We will weed out any devil in the system who may want to outsmart the government or be fraudulent,’’ he said.

The chairman said that the committee would plug all loopholes in the budget, adding that the House already gave the committee free hand to scrutinise the budget.

He said that the state had developed new strategies on revenue generation to capture more people into the tax net.

According to him, only about 300, 000 house owners pay land use charges out of the two million houses in the state.

On possibilities of leakages and sharp practices, the chairman said that he had not seen any serious level of leakage in the system.

The News Agency of Nigeria (NAN) reports that the Assembly on Monday set up a seven-man committee to scrutinise the state’s N1.046 trillion budget proposal for 2018.

The budget, which represents 28.67 per cent increase over the 2017 budget of N812 billion, had a Capital Expenditure of N699 billion and a Recurrent Expenditure of N347billion.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous Commission establishes electricity complaints office in Kebbi
Next N20m fine: DPR to sanction erring depot owners selling above ex-depot price

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Nigeria’s Erebor elected ATU confab preparatory committee chair
  • International News

Nigeria’s Erebor elected ATU confab preparatory committee chair

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.