The Lagos State Governor, Babajide Sanwo-Olu, on Saturday, August 29, revealed the reopening of educational institutions in the state after months of lockdown due to COVID-19 pandemic.
This post COVID-19 reopening was contained in a statement issued by the governor at the state house, Ikeja.
He stated that tertiary institutions in the state will re-open from September 14.
Primary and secondary schools are also tentatively scheduled to re-open from September 21.
“This decision is not cast in stone; and is subject to review of our ongoing modelling; and what procedure comes out from the Ministry of Health,” Sanwo-Olu said.
Also, Sanwo-Olu, in an earlier statement, stated that his government envisages a N240 billion revenue drop in the state; as a result of the COVID-19 pandemic.
Sanwo-Olu made this assertion on Friday, August 28; during his keynote address at the 10th annual public lecture of the Lagos State Public Service Chapter of the Institute of Chartered Accountants of Nigeria; tagged ‘The Global Economic Realities of COVID-19 Pandemic, Lagos State as a Case Study.’
The governor, represented at the public lecture by the state Commissioner for Economic Planning and Budget, Samuel Egube, said that though the 2020 budget had contingency plans; it did not account for the unforeseen pandemic.
Sanwo-Olu said; “If one accounts for something without an action; then one’s proper accounting has not been done; because the whole idea of accounting is, first, to account for things; but by nature of the way one has done so; it should be clear to one what kind of actions one should take.
“Once we saw it (COVID-19 pandemic), it was clear that there was going to be economic consolidation. We saw that our potential revenue might go down by about N240bn.
“We saw that, if we moved and slashed that completely across the board, we would have missed the plot; because it was going to be important to us to properly account for what was happening at present; and what the effect of that would be.”