Lagos’ N3.366trn budget records 80 percent performance

By Adeola Ogunrinde –

Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso, has announced that the state’s 2025 N3.366 trillion budget recorded an impressive 80 percent cumulative performance. Speaking with journalists at the weekend, Omotoso said the figure reflects steady progress in revenue generation and capital project execution.

“As of September, it was about 79 percent, but it’s now over 80 percent performance. In terms of revenue, we are also doing very well, and in terms of capital projects, we have achieved about 80 percent,” he said.

The commissioner noted that every community in Lagos has benefited from Governor Babajide Sanwo-Olu’s administration. “There is no community that has not felt the positive effects of this government. During the Community Day celebration, we could see the excitement on people’s faces, which reflects the impact of our projects,” he added.

Omotoso explained that many of the ongoing projects were based on collaboration between the state and local governments. “We agreed with councils on how to build roads and schools. At one point, local governments were asked to construct a specific number of roads, and the state would match it,” he said.

He highlighted key achievements such as improved road networks, housing projects in Igbogbo, and more than 15 new jetties serving local communities. “You can now travel from Ikorodu to Lagos Island in less than 30 minutes because of the infrastructure the government has provided,” he said.

On the demolition carried out at the Trade Fair Complex, Omotoso dismissed claims that it was targeted at any particular group. “It’s absurd and unthinkable. Governor Sanwo-Olu has governed for six years without any form of discrimination or segregation. Lagosians are Lagosians,” he said.

He further stated that many of the allegations on social media were spread by people outside the country. “Those making such claims live thousands of miles away. How can anyone build without a permit? It’s not done anywhere,” he said.

Citing the 2003 Supreme Court judgment in Attorney General of Lagos State vs. Attorney General of the Federation, Omotoso emphasized that states have the legal authority to issue building permits. “That’s the practice globally — in New York, Los Angeles, or Mumbai, you must obtain a permit before building. It’s unacceptable that people erect structures without approval and turn the place into a slum,” he concluded.