The Lagos State government has said it is targeting a performance level of about 90 per cent in its 2020 budget.
The Lagos State Commissioner for Economic Planning and Budget, Mr. Samuel Egube, said this during a virtual media roundtable on the state’s 2021 budget that was organised by the Cyno Group consulting recently.
Other participants from the state government included Folashade Adefisayo, Commissioner for Education; Abisola Olusanya, Commissioner for Agriculture; Rabiu Olowo, Commissioner for Finance; Olatunbosun Alake, Special Adviser on Innovation and Technology; Aramide Adeyoye, Special Adviser on Works and Infrastructure and Frederic Oladeinde, the Commissioner for Transport.
According to Egube, as of third quarter of 2020, the performance on the capital expenditure side of the 2020 budget was 77 per cent.
“It is our expectation that we should be able to drive it to 89 per cent or 90 per cent at the end of the year. So, we are doing well in terms of the performance drive,” he said. (Thisday)