Lagos Assembly Approves ₦4.4 Trillion Budget for 2026
The Lagos State House of Assembly has approved a ₦4.4 trillion budget for the 2026 fiscal year, following the adoption of the report from the House Committee on Economic Planning and Budget.
Committee chairman Sa’ad Olumoh presented the report during Thursday’s plenary, outlining the assumptions, projections, and structure of the 2026 Appropriation Bill, dubbed the “Budget of Shared Prosperity.”
The budget marks the third cycle of the current administration and the final new-cycle budget of Governor Babajide Sanwo-Olu’s second term. It aligns with the state government’s development agenda, which is built on four strategic pillars: human-centric development, modern and adaptive infrastructure, a thriving 21st-century megacity economy, and governance that surpasses citizens’ expectatio...










