Sanwo-Olu seeks Lagos Assembly approval to reorder 2026 budget

Lagos State Governor Babajide Sanwo-Olu has submitted a proposal to the House of Assembly, requesting a review and reordering of the 2026 Appropriation Law, known as the "Budget of Shared Prosperity." The governor detailed his priorities and the rationale behind the budget adjustment during a plenary session. House Committee on Economic Planning and Budget Chairman Olumoh Sa’ad reported that the 2026 budget had achieved approximately 69 percent implementation.

Sa’ad proposed that the reordering would enable the governor to redirect funds towards more critical areas and reconsider a recently submitted N200 billion bond to the Assembly for approval. The adjustment was seen by Aro Moshood as a testament to democratic governance, promising to enhance the government's ability to address the needs of Lagos residents more effectively.

Gbolahan Yishawu commended the budget implementation's level but advocated for funds to be allocated towards progressing projects nearing completion, emphasizing the need to match funding with project scope and stage for efficient resource deployment. Kehinde Joseph urged prioritization of environmental concerns, particularly drainage and flood management, demanding adequate funding for measures aimed at mitigating floods and improving living conditions for Lagos residents.

The proposal was referred to the Committee on Economic Planning and Budget, which was tasked with submitting a report within two weeks.