Lagos lowers FAAC expectations, targets N2.3tr IGR
Governor Babajide Sanwo-Olu, yesterday, signed Lagos State’s N3.36 trillion 2025 Appropriation Bill into law, with the nation’s commercial capital planning to borrow N398.6 billion to finance the budget amid cautious optimism from the Federation Account Allocation Committee (FAAC).
by Gbenga Salau and Suliyat Tella
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