I’ll ac­count for ev­ery ex­pen­di­ture, rev­enue –Am­bode

Daily Trust - - NEWS - From Femi Aki­nola, La­gos

Gover­nor of La­gos State, Mr. Ak­in­wunmi Am­bode, yesterday told res­i­dents of the state that he would ac­count for ev­ery ex­pen­di­ture and rev­enue of the state.

He was ad­dress­ing res­i­dents of La­gos West Sen­a­to­rial Dis­trict at a Town Hall meet­ing in Ipaja.

Am­bode who noted that the task ahead of his ad­min­is­tra­tion was enor­mous, sought to­tal sup­port of Lagosians, say­ing, “Our vi­sion is to make La­gos glob­ally com­pet­i­tive in all sec­tors. We are on the way to build­ing a La­gos that is safe, clean and pros­per­ous”.

Speak­ing on sta­bil­is­ing the fi­nances of the state, the gover­nor said: “I am de­ter­mined to be ac­count­able for ev­ery rev­enue and ex­pen­di­ture of the state. One of our first key tasks was to sta­bilise the fi­nances of the state. We em­barked on fi­nan­cial re-en­gi­neer­ing and re­viewed the rev­enue and ex­pen­di­ture frame­work of the state.

“These ef­forts cou­pled with re-re­align­ment of Min­istries, De­part­ments and Agen­cies saves the gov­ern­ment al­most N3 bil­lion ev­ery month. This has pro­vided us more funds to in­ject into cap­i­tal projects to es­tab­lish the Em­ploy­ment Trust Fund which we promised our youths”, he said.

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