A review of the Lagos State 2024 Third Quarter (Q3) budget performance report has revealed that the Governor Babajide Sanwo-Olu-led state government spent a staggering N9 billion on buying “backup vehicles” for 40 members of the state House of Assembly in the third quarter alone.
According to the report, the state government spent the N9 billion to purchase backup utility buses and official vehicles for the lawmakers. This expenditure is part of the total sum of N13,332,950,408.90, representing 32.8% of the State Assembly’s total budget, spent on purchasing backup vehicles for the 40 lawmakers between January and September 2024.
The budget performance report also showed that the state’s total capital expenditure by project in the Q3 under review was N317,693,705,583.71, while the total capital expenditure by project from January to September was N770,027,200,937.81.
Meanwhile, the report revealed that some critical projects in the state, including the rehabilitation/upgrading of vocational centres in Badagry and Sabo areas, received no funding from the state government in the first three quarters of the year. Similarly, Lagos State University (LASU) and the Lagos State College of Health Technology also received zero funding for some of their projects.
