Lagos State Governor, Akinwunmi Ambode on Tuesday presented the 2017 budget of N812.99 billion to the State House of Assembly for approval.
The budget is N150.4 billion higher than the 2016 budget which stood at N662.58 billion
The 2017 budget has a Capital Expenditure of N512.46 billion and a Recurrent Expenditure of N300 billion.
The Capital and recurrent ratio of the budget stood at 63:37.
The governor said a large chunk of the budget would be expended on road construction and rehabilitation, health, among others.