Lagos State Unveils ₦3.37 Trillion Budget To Boost SMEs in 2025
Lagos State Governor Babajide Sanwo-Olu has signed the ₦3.37 trillion “Budget of Sustainability” into law, aiming to empower small and medium enterprises (SMEs) through enhanced infrastructure, innovation, and economic reforms. With ₦2.07 trillion dedicated to capital projects, the budget prioritizes transportation, housing, and digital infrastructure, creating a conducive environment for small businesses. The remaining ₦1.30 trillion recurrent expenditure will support essential services in education, healthcare, and security, indirectly benefiting SMEs. […]
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