Lagos to reduce dependence on federal allocation

Eniola Ajayi, Lagos

Lagos State Governor Mr Akinwunmi Ambode says his administration is currently strategising on how to strengthen the state’s economy and reduce its dependence on federal allocation to 10 percent in three years and thereafter zero percent.

Governor Ambode who stated this at the second quarterly town hall meeting, the fourth in the series held in Badagry area of the state, said the state remained undaunted by the current economic challenges rocking the country.

“We hope to reduce our dependence on federal allocation to 10 percent in three years; we also have plans to achieve zero percent as we develop our potentials in tourism and services; the future of Lagos is about service and tourism,” he reiterated.

Budget performance

Ambode pointed out that the overall state government budget performance as at half year 2016 was 70 percent, saying it was an improvement over the corresponding period in 2015 when the performance stood at 63 percent.

Revenue recorded 73 percent performance for the half year 2016 despite the challenging economic environment; your government spent a total of N115.624bn on Capital projects during the half year 2016 leading to the capital/recurrent ratio of 50:50 with the plan to improve this ratio to 58:42 provided for in 2016 appropriation law in the remaining half of the year,” he said.

Health Investment

Governor Ambode also noted that the state government had commenced a comprehensive action to rehabilitate and upgrade the facilities in all its hospitals.

He added that training for medical personnel would be given top priority from time to time.

“Modern equipment will be procured to facilitate treatment and we will invest in capacity building of our medical staff, we intend to spend over N10 billion on our hospitals across the state before December this year, we will recruit and train medical professionals in areas of rare specialization and special needs,” he stressed.

Recruitment of teachers

On the development of the education sector, Governor Ambode said recruitment exercise will kick-off next month to accommodate one thousand teachers.

He stated that another ten billion naira had been set aside for the rehabilitation of schools across the state, while a technical and vocational school will be established in Badagry.

“This administration will establish a Technical and Vocational School in Badagry, the ground breaking will be done in September this year, in addition, we will upgrade the infrastructure in all our schools starting from this month of July, all our Primary and Secondary schools will be upgraded to create conducive learning environment for students and teachers, another N10bn has been earmarked for this facelift of our Secondary and Primary schools across the State,” the governor highlighted.

 

Nnenna.O