Home News Lagos Achieves 80% Budget Performance On N3.37 trillion Plan
News

Lagos Achieves 80% Budget Performance On N3.37 trillion Plan

Share
Share

BY NKECHI NAECHE-ESEZOBOR—The Lagos Commissioner for Information and Strategy, Gbenga Omotoso, over the weekend announced the state ₦3.366 trillion 2025 budget has achieved an impressive 80 percent cumulative performance as of October.

Omotoso, who made this disclosure during a weekend media chat at Alausa, Ikeja, added that both revenue generation and capital project execution were performing strongly.disclosed this during a weekend media chat at Alausa, Ikeja, noting that both revenue generation and capital project execution were performing strongly.

“As of September 2025, performance stood at about 79 percent. But now, it has exceeded 80 percent,” Omotoso said. “In terms of revenue, we are doing very well, and in capital projects, we have achieved around 80 percent. The impact of Governor Babajide Sanwo-Olu’s administration is being felt in every community across the state.”

The commissioner highlighted the administration’s community-driven approach to development, particularly through partnerships with local governments in road construction, school rehabilitation, and housing initiatives.
“People are now proud to live in areas like Badagry, Ikorodu, and Igbogbo,” he said.

“One of our best housing estates is in Igbogbo. We’ve also built over 15 jetties serving local communities. Today, you can travel from Ikorodu to Lagos Island in less than 30 minutes because of the state government’s investments in water transport.”

Share
Related Articles

FG Declares Thursday, October 1st, 2026, Public Holiday to Mark Nigeria’s 66th Independence Anniversary

The Federal Government has declared Thursday October 1st, 2026, as public holiday...

Fire Guts Customs Western Marine Office At Apapa

Fire on Monday gutted the Nigeria Customs Service (NCS) Western Marine Command...

NDC Condemns Tinubu’s Third Consecutive Absence from UNGA, Demands Disclosure of Whereabouts

The Nigeria Democratic Congress (NDC) expresses profound disappointment and grave concern over...

Mbah Targets $30bn Economy as Editors Applaud Enugu’s Infrastructure Drive

The Nigerian Guild of Editors (NGE) has commended Governor Peter Mbah’s transformation...