Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday rendered his account of stewardship revealing that efforts geared towards stabilising the finances of the state has saved about N3billion monthly. Addressing residents, party chieftains, traditional rulers and top government officials at the maiden edition of the quarterly Town Hall meeting at Abesan Mini Stadium, Lagos, Governor Ambode said one of his first key tasks on assumption of office was to stabilize the finances of the State. He said his administration embarked on financial re- engineering and reviewed the revenue and expenditure framework of the State coupled with the realignment of Ministries, Departments and Agencies. “This has provided us with more funds to inject into capital projects and the initial funds to establish the Employment Trust Fund which we promised our youths,”, he said. Governor Ambode who reiterated his vision to make the state globally competitive in all sectors, said that ...
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