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Ambode Saves N9bn In 3 Months

Lagos State Governor, Ak inwunmi Ambode has said that his administration has been able to reduce the cost of
governance in the state by saving almost N3 billion every month since resumption in May 29, 2015.

Ambode who was speaking at the first edition of the Quarterly Town Hall Meeting at Abesan Estate, Alimosho, Lagos said he achieved the feat through re-alignment of ministries, departments and agencies and MDAs.

The governor who realigned ministries shortly after assumption office said the money saved would be invested
in projects, employment and wealth creation.

He said he was determined to be accountable for every revenue and expenditure of the state adding that one of his
administration’s first key task was to stabilize the finances of the state which made it embarked on a financial reengineering and reviewed the revenue and expenditure framework of the state.

“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.

Today, a major landmark of our administration is the reduction in the cost of governance. We want a lean government with quality service delivery.

“Lagos State Government is proud to declare that it has consistently met its obligations, especially prompt payment
of workers’ salaries without seeking any bailout from the Federal Government.”

The governor explained that in August, his administration approved the release of N11 billion for the payment of arrears of Pensions owed to pensioners since 2010, saying that his government had, on monthly basis, consistently been presenting retirees on the Contributory Pension Scheme their bond certificates and had also approved the appointment of four additional Pension Fund Administrators to further boost the processes and accord staff a wider range of options.

“We are presently reviewing our loans with our bankers with a view to restructuring them in order to free up funds for further infrastructural development,” he added.

Harping on the health sector,Ambode said his government had provided 20 Mobile Intensive Care Unit ambulances at a cost of N145.240 million deployed in all the state’s ambulance points, bringing it to a total of 36 Mobile Intensive Care Unit ambulances.

“We have also provided additional 26 Transport Ambulances at the cost of N257.4 million deployed across all our
General Hospitals.

We have created Ambulance Points across the States for easy access to our people. The ambulance service can be reached by calling the Toll-Free Line 112. “Our administration in the last three months has installed 22 power generating sets ranging from 350 –500 KVA as additional back-up sets across all our General Hospitals at the cost of N270 million to ensure 24-hour power supply.

In addition, 26 Mobile X-Ray machines, costing N519.656 million are being installed at all our general hospitals across the State. Similarly, we have granted approval for the recruitment of more paramedic staff and special medical coordinators to ensure 24 hours service in our health facilities,” he said.

–  Emmanuel Ukudolo

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