Lagos State governor, Babajide Sanwo-Olu, has approached the House of Assembly with a request to review and reorder the 2026 Appropriation Law, tagged the “Budget of Shared Prosperity.”
The governor’s request was presented to lawmakers during plenary on Tuesday after the Clerk of the House, Adenike Oshinowo, read the communication before the chamber.
The letter highlighted the administration’s priorities and the reasons behind the proposed adjustment to the budget.
Speaking on the proposal, Chairman of the House Committee on Economic Planning and Budget, Olumoh Sa’ad, disclosed that the 2026 budget had recorded about 69 per cent implementation.
He said the proposed reordering would help redirect available funds towards areas considered more critical.
Sa’ad also suggested that the review could give the governor an opportunity to reconsider the proposed N200 billion bond recently forwarded to the Assembly for approval.
Contributing to the debate, Aro Moshood described the proposed adjustment as one of the benefits of democratic governance, expressing optimism that it would enable the government to respond more effectively to the needs of residents across the state.
Another lawmaker, Gbolahan Yishawu commended the level of budget implementation but called for funds to be redirected towards projects that were progressing steadily and were close to completion.
He stressed that funding should reflect the scope and stage of each project to ensure that resources were deployed efficiently.
Yishawu noted that while some capital projects had achieved considerable progress, others remained under construction and required continued financial support to reach completion.
Kehinde Joseph, meanwhile, urged the government to prioritise environmental concerns, particularly drainage and flood-management projects.
He called for adequate funding for measures aimed at reducing flooding and improving living conditions for Lagos residents.
Following the deliberations, Speaker of the House, Mudashiru Obasa, referred the governor’s request to the Committee on Economic Planning and Budget for consideration.
Obasa directed the committee to submit its report to the House within two weeks.
Sanwo-Olu seeks Lagos Assembly approval to reorder 2026 budget