 And in Lagos, the state governor of Babaji De Sao Lu has presented a total budget of 1.692 trillion naira for the year 2023 to the state House of Assembly. This is 66 billion naira lesser than the 2022 budget, which stood at 1.758 trillion naira. The budget tax, the budget of continuity, is said would unlock a greater Lagos and consolidate the efforts of his administration in his first four years, according to Sao Lu. Our correspondent love Ikuku Oyedokun reports. The Speaker of the Lagos State House of Assembly, Munda Shiru Obasa, arrives at the chamber to wait in time. This was followed closely by the arrival of Governor Babaji De Sao Lu. The arrival of the governor signifies the commencement of the day's business. Straight to the podium, Governor Sao Lu gives a breakdown of the budget. Capital expenditure takes 932 billion naira, representing 55 percent of the total budget, while the requirement expenditure gobs 759 billion naira. Please to present to you the year 2022-2023 budget of continuity as proposed with a total budget size of 1 trillion 692 billion 617 million 753 thousand 894. This comprises of a total revenue of 1 billion 1 trillion 342 billion 617 million 649 thousand 640 and a deficit financing of 350 billion. This comprises a total internally generated revenue idea of a 1.1 trillion and total federal transfer of 250 billion. We go on course for a new revenue sharing formula and a special status for Lagos. Lagos is too big for this country to allow it to fail. Lagos is too strategic for us not to see that the wholesome of Lagos is the wholesome of this country, that the benefit of Lagos transcends one part or one scope of this country. As a microzone of the entire country, Lagos it deserves all the support it can get at the national level. Receiving the appropriation bill, Speaker of the Lagos State House of Assembly Mudashiru Obasa lists three major areas the budget must address. The year 2023 budget of Lagos state should have more human face be targeted at reducing poverty and improving the welfare of the residents of the state as part of the things agenda that guides this administration. We will also as usual continue to give immediate support to you our dear governor as we all march ahead to solidify the achievement since 2019. Obasa also stresses the need for the federal government to approve the allocation of one percent special status for Lagos state. Lagos account for about 20 percent of the national gross domestic product and 10 percent of the nation population. This is not however to gloss over the impact of such massive movement of people to Lagos. The result is evident in state infrastructures that are persistently overstretched, thus requiring constant attention. This is the reason why we continue to add detail for allocation of one percent special status for Lagos state. Aside the budget presentation, the Speaker, OGIS Nigerians, to vote for all APC candidates at the state and the national levels, describing the presidential candidates of the party as the only one with the capacity to make Nigeria great again. Love you Kuku Uyedukum, plus TV news.