Lagos Assembly receives Sanwo-Olu’s budget reordering request
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At a glance
- The Lagos State House of Assembly received a request from Governor Babajide Sanwo-Olu to reorder the 2026 budget.
- The governor's request, termed the "Budget of Shared Prosperity," aims to reallocate resources to priority areas.
- The Assembly's Committee on Economic Planning and Budget will review the request and report back within two weeks.
Lagos State Governor Babajide Sanwo-Olu has formally requested the State House of Assembly to reorder the 2026 Appropriation Law, known as the “Budget of Shared Prosperity.” The Assembly received the governor's request through a letter read by the Clerk of the House, Mrs Adenike Oshinowo, detailing the reasons and priorities for the proposed budget adjustments.
During the debate, the Chairman of the House Committee on Economic Planning and Budget, Olumoh Sa’ad, noted that the 2026 budget has achieved approximately 69 percent performance. He explained that the reordering is essential to ensure that available funds are directed toward critical priority areas. Sa’ad also suggested this could be an opportunity for the governor to reconsider a proposed N200 billion bond previously submitted to the House.
Other lawmakers contributed to the discussion, with Aro Moshood describing the budget reordering as a benefit of democracy that could further address residents' needs. Gbolahan Yishawu commended the budget's performance and advocated for reallocating funds to capital projects nearing completion. He stressed the importance of adequate funding based on project scope and execution status.
Environmental concerns were also raised, as Kehinde Joseph urged the government to increase focus on drainage and flood-control projects. He called for sufficient funding for initiatives aimed at mitigating flooding and enhancing the quality of life for Lagos residents. Following the deliberations, Speaker Mudashiru Obasa referred the budget reordering proposal to the Committee on Economic Planning and Budget for further review, with a directive to report back within two weeks.
Originally published by Vanguard. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.