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Fashola Announces 83 Per Cent 2014 Budget Performance

Channels Television  
Updated February 18, 2015

The Lagos State Governor, Babatunde Raji Fashola, fasholahas announced a 83-per cent cumulative performance for the 2014 Budget.

The performance represents the accomplished Budget in the first, second, third and fourth quarters of the year which stood at 67 per cent, 106 per cent, 84 per cent and 77 per cent respectively.

Addressing a press conference at the Lagos State House, Ikeja, Governor Fashola also announced that the fourth quarter budget performance stood at 77 per cent, saying the impact of the fourth quarter performance of the budget was already visible across the State in projects such as, the completed court buildings in Epe and Ikeja.

Governor Fashola also said that other projects that benefitted from the fourth quarter budget were the solar projects in primary health institution, primary schools, progress in road works across the state such as Agiti, Isheri-Oshun bridge behind Jakande Estate which are completed.

On the priorities of his administration in its last days, Governor Fashola promised to continue to do more of what the administration have done in order to close strongly.

“As I said before, in the rain and in the sun we will continue to provide service; that is the role of government.”

Governor Fashola listed other areas of priority to include settling as many obligations as it could, “in spite of the difficult financial situation,” to contractors to accelerate and complete more on-going projects.

Fashola also declared:  “We are issuing more contracts to support small businesses. We are in procurement now for maintenance contracts for about 606 schools which are contracts that range between N2 million and N5 million for small businesses”.

He said that beneficiaries would be graduates from the State’s technical and vocational centres who have formed small companies, and members of the society who bid for the contracts as well as those who show “demonstrable capacity”.