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Lagos Set 100% 2014 Budget Implementation Target

Lagos Government has said that it is determined to attain 100% budget performance in the current year budget implementation.

Deputy Governor of the state, Adejoke Orelope-Adefulire, said this while declaring open the year 2014 retreat for the management staff of the state’s Ministry of Finance.

She said the state government is determined to improve quality of life of the people through aggressive urban renewal projects, infrastructure development and implementation of sustainable economic policies that can promote rapid growth.

While commending the ministry for organising annual performance retreat, the deputy governor expressed confidence in various development programmes of the state government which, she noted, are not only capable of making the vision of Lagos State becoming Africa’s model mega city easily realisable but will also improve the quality of life and standard of living of the people.

Orelope-Adefulire noted that the theme of the retreat, ‘Contemporary Public Finance Management in Megacities: A Case Study of Four Renowned Cities of Mumbai, Rio de Janeiro, Johannesburg and New York’, is apt and most relevant as it will make necessary assessment and comparisons of public finance management with other developed economies possible, just as one can learn new methods of improving on the financial management of an emerging mega city.

While observing that in recent years, there has been an increasing pressure on the public sector to develop world class capacities for policy making, service delivery and corporate service in response to their role as main providers of public service, the deputy governor stated that “without availability of adequately trained personnel and financial managers, all government efforts geared towards implementing effective policies to confront challenges will be a waste”.


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