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Gov. Sanwo-Olu presents N1.38trn 2022 budget for Lagos State

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Lagos State Governor, Mr. Babajide Sanwo-Olu

Gov. Babajide Sanwo-Olu of Lagos State has presented a budget of N1.388 trillion for 2022 to the State House of Assembly for  approval.

Presenting the budget, christened ”Budget of Consolidation”, Sanwo-Olu said that it was  targeted at completing ongoing projects in the state.

”The year 2022 is a year in which we will focus obsessively on completing ongoing projects, while also expanding our social intervention programmes and support for citizens, and for micro and small businesses.

”The budget is aimed at consolidating all our efforts so far, into timely delivery of our electoral promises of a greater Lagos to all citizens and residents of the state. Our destination is now in sight,” Sanwo-Olu said.

He said that the budget has a size of N1.388 trillion, comprising a total revenue of N1.135 trillion and deficit financing of N253.126 billion.

”We propose a total revenue of N1,135,159,092,822.30 for 2022. This comprises of total Internally Generated Revenues (IGR) and total federal transfers.

”The total IGR will be N898.891 billion, while the total Federal Transfer expected will be N236.268 billion.

”The budget projects a continuing but very gradual recovery to growth in economic activity as the global economy cautiously recovers from the impact of the Coronavirus pandemic.

”We have therefore, approached our revenue expectations with cautious optimism,” Sanwo-Olu said.

He said that the budget was made up of N564.934 billion recurrent expenditure, representing 41 per cent and N823.351 billion capital expenditure,  representing 59 per cent.

”We propose a recurrent expenditure of N564.934 billion, composing of total Overhead, total personnel cost, and recurrent debt service.

”The total overhead cost is N303.272 billion, comprising of overhead cost – N158.735 billion, subventions – N89.642 billion and dedicated cost of N54.896 billion.

”The total personnel cost is N189.399 billion, while the recurrent debt service is N72.262 billion,” the governor said.

He added:The capital expenditure of N823.351 billion included the General Public Services – N171.550 billion, public order and safety – N27.495 billion, economic affairs – N52.552 billion and environment – N27.333 billion.

“It also includes Housing and Community Amenities for N11.058 billion, Health – N87.875 billion, Recreation, Culture and Religion – N4.320 billion, Education – N112.650 billion and Social Protection for N6.109 billion.

Other Capital Expenditure include Contigency Reserve (Including Special Expenditure-Statewide and Special Expenditure-Others) – N10.840 billion, Loans (Repayments, CDSA & Debt Servicing) – N170.997 billion, Personnel Cost (Servicewide and Pension) – N53.147 billion and Grants & Counterpart Fund – N55.852 billion.”

According to him, the deficit financing will be by way of a combination of external and domestic loans and bonds, which were well within the fiscal sustainability parameters.

Responding, the Speaker of the House, Mr Mudashiru Obasa noted that the budget would be the last full year budget to be implemented by the current administration.

Obasa said that the House would meticulously perform its constitutional duty concerning the budget.

He commended Sanwo-Olu for his astuteness, courage, forthrightness, as well as his determined spirit, all geared towards a greater Lagos, within the period he had been in office.

The Speaker urged President Muhammadu Buhari to rejig the economy to make ease the hardship currently been experience by Nigerians and to also strengthen security apparatuses to check the spate of insecurity across the country.

 

 

(NAN)

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General News

Clergy Urged To Put Members’ Welfare Above All Else

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Anglican Church logo

At a solemn ordination service in Abuja, senior church leaders have called on pastors to make the well-being of their congregations a top priority, following the example of Jesus Christ.

Speaking during the priesthood ordination and installation of a Sub Dean at the Cathedral Church of Advent, Life Camp, Abuja, the retired Bishop of the Anglican Diocese of Okene, Rt. Rev. Emmanuel Ajulo, described pastors as shepherds charged with the care of their flock. He urged them to shun worldly distractions and focus on meeting the spiritual and material needs of their members.

Bishop Ajulo also encouraged the newly ordained priests to remain faithful to their calling by teaching God’s word without compromise.

In his charge, the Primate of the Church of Nigeria, Anglican Communion, Most Rev. Henry Ndukuba, urged the new clergy to preach the undiluted gospel and foster religious harmony wherever they serve. He expressed confidence that their new roles would help promote peace and unity in society.

The service also featured prayers for national leaders and divine intervention in addressing the current global economic challenges.

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1,000 Prayer Warriors Storm Ilorin for Tinubu, Nation’s Deliverance

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President Bola Ahmed Tinubu

In a dramatic show of faith and patriotism, over 1,000 fiery prayer warriors from across Nigeria will descend on Ilorin, Kwara State, this Saturday, lifting their voices in intense intercession for President Bola Tinubu’s success and Nigeria’s survival in the face of biting economic woes and mounting insecurity.

The spiritual siege, themed “Walking in Domini”, is the maiden convention of the Organisation of African Instituted Churches (OAIC), with its Kwara State Chairman, Evangelist Thomas Adeboye, vowing that “heaven will hear and respond to Nigeria’s cry.”

Aside from marathon prayers, the gathering will roll out free medical outreach to locals across Kwara’s LGAs, a gesture aimed at touching both body and soul.

Adeboye, lamenting Nigeria’s “troubling economic and security realities”, called for a nationwide prayer uprising, insisting that Tinubu has shown the will to revive the nation but needs massive divine backing to succeed.

“Banditry, a collapsing economy, and political tension demand we seek God’s face like never before,” he declared. “We will storm heaven for wisdom for the President and governors to steer Nigeria to safety.”

The convention will also feature awards to distinguished personalities, soul-lifting worship, fiery sermons, and unity-driven lectures—all capped with thunderous prayers for Nigeria’s redemption.

Adeboye urged the President to ensure every policy has “a human face,” stressing that Nigerians must not only endure but also enjoy the fruits of governance.

With the OAIC promising to reaffirm believers’ authority in Christ and rally spiritual boldness in the face of national challenges, Ilorin is set to become the epicentre of a powerful spiritual warfare for Nigeria’s destiny.

 

 

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Nigerian Anglicans Condemn Lesbian Archbishop of Wales, Deepening Global Anglican Rift

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Anglican Church logo

…Church leaders accuse Welsh counterparts of “spiritual decadence” and “abandonment of faith”

The Church of Nigeria (Anglican Communion) has issued a forceful condemnation of the election of Rt. Rev. Cherry Vann, an openly lesbian cleric, as the Archbishop of Wales. The move is the latest in a series of developments that have deepened divisions within the global Anglican Communion over sexuality and doctrine.

In a statement from Primate The Most Rev’d Henry Ndukuba, the church denounced the election as a “serious departure from biblical teaching” and a sign of “spiritual decadence” and “an outright abandonment of the faith once delivered to the saints.”

Archbishop Ndukuba warned that Bishop Vann’s elevation compromises the Anglican Church’s global mission and could obstruct evangelism. He compared the situation to the controversial tenure of Most Rev. Katherine Jefferts Schori, former Presiding Bishop of the U.S. Episcopal Church, who also faced intense criticism from conservative Anglicans for her progressive views.

The Primate accused Bishop Vann of being complicit in the “ongoing crisis” around same-sex issues, stating that the election is a “clear revelation that many who claim to be members of the body of Christ cannot endure sound doctrine” (2 Timothy 4:3–4).

The Church of Nigeria called on Anglicans worldwide to reject “rebels” and “apostates” and to instead support conservative bodies like the Global Anglican Future Conference (GAFCON).

“The Church of Nigeria (Anglican Communion) condemns, unequivocally rejects, and will not recognize the election of Rt. Rev. Cherry Vann as Archbishop of Wales,” Ndukuba declared. He concluded with a solemn warning that without repentance, the Church in Wales risks losing “complete relevance” and its leaders will face judgment.

 

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