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Budget: LAHA Places Public Works, Water Corp’ On First-line Charge

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The Lagos State House of Assembly on Friday (today) passed a total of N2,267,976,120,869 as the 2024 budget size of the State at a plenary session presided over by the Speaker, Rt. Hon. Mudashiru Obasa.

 

 

The budget representing 58 percent Capital Expenditure and 42 percent Recurrent Expenditure was approved following a unanimous voice vote by all the lawmakers present at the sitting.

 

 

“A bill for a law to authorise the issuance and appropriation of N952,430,566,998 from the Consolidated Revenue Fund for Recurrent Expenditure and N1,315,545,553,871 from Development Fund for Capital Expenditure thereby totaling a budget size of N2,267,976,120,869 for the year ending 31st December, 2024 be passed into law,” the Speaker had raised on the floor as the budget report was read a third time.

 

 

Dr. Obasa, thereafter, commended the lawmakers for their dedication and cooperation at ensuring a quick passage of the Appropriation Bill while directing the Clerk of the House, Barr. Olalekan Onafeko, to forward a copy of the approved budget to Governor Babajide Sanwo-Olu for assent.

 

 

Prior to its passage, Hon. Sa’ad Olumoh, chairman of the joint-committee on Budget and Finance, had presented a report containing some recommendations to the House.

 

 

Among the recommendations is that theThe Lagos State House of Assembly Public Works Corporation, the Water Corporation and the state-owned tertiary institutions be placed on first-line charge to enable them perform optimally.

 

 

Governor Sanwo-Olu had on Wednesday, December 13, 2023, presented the 2024 budget proposal of N2.246 trillion to the House of Assembly saying that the state anticipated internally generated revenue of N1.251 trillion and federal government allocations of N596.629 billion.

 

 

Recall that Obasa, during the presentation of the budget by the governor, urged the government should ensure a functional budget.

 

 

“It is highly important for us to apply the right indices towards ensuring a performing and functioning budget that would lift our people out of poverty and reposition the state towards infrastructural growth and renewal.

 

 

“Palliatives should move from just giving people garri, rice, beans or even money. We should have a direction that is focused, impactful and deeply backed up by effective policy implementations.

 

 

“For instance, in the name of palliative care, let there be provision of drugs at all public hospitals in the state at subsidised rates. At the same time, focus should be on a downward review of treatment costs in these hospitals,” the Speaker said during the budget presentation.

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Osimhen’s Pregnant Girlfriend Involved In Motor Accident

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Victor Osimhen’s partner Stefanie Ladewig has reportedly been involved a motor accident.
According to report, that accident involved three vehicles, with Osimhen’s girlfriend driving one of the cars.

 

Report said the motor accident happened in Eyüpsultan,Turkey on Wednesday morning when Ladewig was on her way to the hospital.

Although there was no indication that she was at fault, Ladewig was reportedly driving an SUV on her way to the hospital before hitting two other vehicles in the accident.

However, the 26-year-old, who is eight months pregnant with her second child, was unhurt, along with the other people involved, according to the report.

Osimhen and Ladewig have known each other since they met in 2019, when the Super Eagles star was at Wolfsburg and she was a cheerleader.

The two started dating shortly afterwards and have never looked back, even though they are not officially married.

They also have a daughter, Hailey, who was born in October 2022, when Osimhen was still playing for Serie A giants Napoli.

The German-Cameroonian model also recently celebrated Hailey, who turned four, with a story post on her Instagram page.

Hailey herself also turned 26 last month, although she appeared to have had a low-key celebration this year.

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3 Abducted Ibadan CRIN Workers Regain Freedom 6 Days After

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Three employees of the Cocoa Research Institute of Nigeria (CRIN), Ibadan, Oyo State, have regained their freedom six days after they were abducted by gunmen while working on a farm within the institute’s premises.

 

The victims were identified as Eunice Babalola, Kehinde Gbalajobi and another employee known as Nelson.

They were kidnapped last Thursday when armed men stormed the farm at about 1pm and whisked them away to an undisclosed location.

Sources familiar with the incident said the abductors initially demanded N40 million for each of the victims before the ransom demand was allegedly reduced to N50 million for all three workers following negotiations.

The workers regained their freedom in the early hours of Wednesday after security operatives traced them to a bush near Globus Farm, also known as Triton.

The Oyo State Police Command confirmed the rescue but did not disclose whether any ransom was paid to secure their release.

The Police Public Relations Officer, DSP Olayinka Ayanlade, said security agencies were continuing efforts to identify and arrest those responsible for the abduction.

The rescue came amid ongoing efforts by security operatives to track down the suspected kidnappers and bring them to justice.

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Motorists Face 35-Day Disruption As Lekki-Epe Expressway Repairs Begin tomorrow,

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Motorists plying the deteriorating Eti-Osa-Lekki-Epe Expressway are expected to face temporary traffic disruptions as the Lagos State Government begins a 35-day rehabilitation of damaged sections from Bonny Camp to Admiralty Way Junction and around Victoria Garden City (VGC) tomorrow.

 

The government said traffic diversion arrangements would be introduced to minimise congestion and ensure the safety of road users during the exercise.

The Special Adviser to the Governor on Infrastructure, Olufemi Daramola, disclosed this yesterday at a stakeholders’ engagement organised by the Ministry of Works and Infrastructure to discuss the scope of work and traffic management plans for the project.

Daramola said the meeting was part of the government’s policy of consulting residents, businesses and other road users before embarking on major infrastructure projects, adding that feedback from stakeholders would inform the implementation process.

He appealed for the cooperation of residents and motorists, particularly as Lagos prepares for increased traffic during the festive season.

The rehabilitation is expected to improve road safety and ease movement along the strategic corridor, which connects residential communities, commercial centres and major industrial investments across the Lekki-Epe axis.

The expressway provides access to the Lekki Free Zone, Dangote Refinery, Dangote Fertiliser Factory, Lekki Deep Sea Port and Eleganza Industrial Estate. It also serves major housing developments and educational institutions, including Pan-Atlantic University and Lagos Business School.

However, rapid urbanisation, growing commercial activities and increasing traffic have accelerated the deterioration of some sections, leaving commuters struggling with difficult journeys along the busy route.

Daramola said the government was also addressing drainage concerns along the corridor, adding that the proposed Green Line rail project would form part of a broader plan to improve transportation infrastructure in the area.

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