- Lagos Assembly Approves ₦4.44 Trillion Budget for 2026
- Obasa said the lawmakers unanimously adopted the committee’s report through a voice vote
- Governor Sanwo-Olu is expected to sign the bill into law in the coming days
The Lagos State House of Assembly has approved a total budget of ₦4,444,509,776,438 for the 2026 fiscal year.
Eko Hot Blog reports that the approval was given on Thursday during plenary, presided over by the Speaker of the House, Hon. Mudashiru Obasa.
EDITOR’S PICK
- Details Of Jonathan Meeting With PDP Leaders Emerge
- PDP Heavyweights Set To Dump Party For ADC As Faction Meets With Jonathan
- AFCON 2025: Quarter-Finals Fixtures, Dates (FULL LIST)
According to a statement issued Thursday evening, the passage of the budget followed the presentation and consideration of a detailed report by the Chairman of the House Committee on Economic Planning and Budget, Hon. Sa’ad Olumoh.
Speaker Obasa said the lawmakers unanimously adopted the committee’s report through a voice vote, noting that the budget was approved with the collective support of members to drive sustainable development across the state.
He subsequently directed the Clerk of the House, Barrister Olalekan Onafeko, to transmit a clean copy of the approved appropriation bill to Governor Babajide Sanwo-Olu for assent.
Governor Sanwo-Olu is expected to sign the bill into law in the coming days.
It would be recalled that the governor had earlier presented a proposed budget of ₦4.23 trillion to the Assembly on November 25, 2025, before it was reviewed and approved by lawmakers.
FURTHER READING
- Fire Guts BRT Bus on Third Mainland Bridge
- APC Boasts of Total Dominance in Plateau, Eyes 1 Million Votes for Tinubu
- Trump Administration Denies Occupation, Nation-Building Plans in Venezuela
Click here to watch video of the week
