“Lagos State 2022 Budget: Criminally padded, Height of Financial Recklessness” – Dr. Ade Dosunmu

The candidate of the PDP in the 2011 Lagos Gubernatorial election, Dr. Ade Dosunmu, has faulted the Lagos State Government in its handling of the recently passed 2022 BUDGET.In a press release made available to The Lagosian Magazine, Dosunmu pointed out the implications of the disparity between the figure of the proposed budget by the Lagos Governor and that of the budget passed by the Lagos State House of Assembly (LAHA).According to the former Director General of NIMASA and guru of administration, the monumental disparities can only forebode untoward outcomes for the state and its people.Below are excerpts from the Press release:“As a responsible citizen and patriotic stakeholder in our dear state, I feel compelled to bring to the attention of ALL Lagosians the budgetary disparity, hugely flawed process and impending implication of the recently passed Lagos State 2022 financial budget highlighting the State Government’s display of gross irresponsibility in its handling.On the 24th November 2021,the Executive Governor of Lagos State Mr. Babajide Sanwo-Olu presented a proposal of ₦1.38 Trillion tagged as ‘Budget of Consolidation’ to the State House of Assembly as the 2022 Lagos State financial Budget. This was welcomed by discerning Lagosians with cautious optimism.

It is logically expected that the governance of a state (particularly Lagos State with verse skilled professionals) would have employed the whole gamut of well experienced civil service workforce across various agencies and ministries with the assistance of experts within the Budget and Economic Planning ministry of the state to collate and review this budget prior to its presentation to the State House of Assembly for approval with non or minimal modification required.

However, it is exceedingly shocking that the Lagos State House of Assembly passed a totally different budget criminally padded to the tune of ₦1,758,196,448,44 Trillion (An addition of almost 400 billion naira over the originally proposed figure of ₦1.38trillion).

This brings about the following nagging questions:

  1. Where, why and how did the Lagos State House of Assembly conjure an addition in excess of ₦350Billion over the meticulously prepared and ratified document put together by the Lagos State bureaucracy?
  2. What did the Governor omit in his original budget proposal to warrant such mind buggling increment from the supposed hallowed chambers of the State House of Assembly?
  3. Why did Governor Sanwo-Olu not ask any question as President Muhammdu Buhari is querying the #37billion padding of the National Budget by the National Assembly? What then can we say of almost #400billion padding of a State budget?
  4. Could this be a connivance or collusion between the State Executive and the Legislative arm of the state to siphone a substantial portion of Lagos State budget
  5. Could the defiant attempt to raise capital expenditure from ₦823.35 billion to ₦1.166.2 trillion be laying foundation for a white elephant project as 2023 elections draws closer?
  6. Could this apparent bastardization of the budget be lending credence to the genuine fears across the state that there is a grand plot from the ruling party to fund the Presidential campaign of its godfather with state funds… These questions are not rhetorical.

As Lagosians, we need clarification and the Government of Lagos State needs to be transparent in the way our collective patrimony is being spent.

The helpless people of Lagos State are left to wonder how the state genuinely and sincerely plans to fund this outrageous budget without recourse to another of its scandalous and potentially enslaving borrowings

Why should Lagosians be made to bear perpetually the burden of the profligacy of unpatriotic representatives, who are simply not concerned about the future of Lagos State but their personal ambitions?

What legacy is the Lagos State government leaving for our children?

We demands an explanation, transparency and accountability.

Dr Ade Dosunmu, MON
CONCERNED LAGOSIAN

Source The Lagosian Magazine

About the author

Abiodun Adisa is the CEO of Applaud Multimedia Services Publisher of Applaud News Magazine and Online @www.applaudnews.com.ng

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