Lagos State Governor Babatunde Fashola has requested for the adjustment of the budget to meet services from citizens, as the state seeks to re-order its priorities.
The letter from the governor requesting for the adjustment, titled; ‘Year 2014 Budget Re-ordering of priorities’ was read at plenary of the Lagos State House of Assembly, yesterday, by Clerk of the House, Mr. Ganiyu Abiru.
The re-ordering, according to the governor, “is to take care of emerging issues like the reversal of Lagos State University (LASU) school fees policy which requires us to make provisions to cover LASU shortfall in projected revenues in order to service the school; the unanticipated but very urgent need to address the threat of the Ebola Virus Disease (EVD), and also a need for counterpart funding request that enables us to access developmental funds to install solar power panels in 172 public schools and 11 primary health centres in the first phase”.
The governor stressed that the re-ordering would not affect the original 2014 budget size of N489.69 billion as, “we have discovered that there are still unutilized provisions by some Ministries, Departments and Agencies, MDAs, which may remain so till year end. Hence we are proposing to move such provisions to where they are more urgently needed to enable the state government address pressing needs in the areas identified above and other areas like security, housing among others.”
The re-ordering, Fashola noted was proposed from Capital Expenditure Provisions of 10 agencies with a total value of N9.960 billion.
He explained further that the re-ordering was also to urgently address some of the critical unbudgeted expenditure requests by various MDAs. “We have received request aggregating to the sum of N79.302billion but will clearly be unable to accommodate most of these requests this year.”.
After debating the request, the lawmakers committed it to the House Committee on Economic Planning and Budget and expected to report back to the House today, because of the urgency of the issues involved.