Lagos Achieves 80% Budget Performance on N3.37 trillion Plan Archives - Business Today NG https://businesstodayng.com/tag/lagos-achieves-80-budget-performance-on-n3-37-trillion-plan/ The Hub of News Reporting Mon, 27 Oct 2025 15:57:11 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 Lagos Achieves 80% Budget Performance On N3.37 trillion Plan https://businesstodayng.com/lagos-achieves-80-budget-performance-on-n3-37-trillion-plan/ Sun, 26 Oct 2025 19:33:42 +0000 https://businesstodayng.com/?p=57080 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 […]

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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.”

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