Lagos State Governor Babajide Sanwo-Olu on Tuesday submitted a 2026 budget proposal of N4.2 trillion to the House of Assembly for consideration.
The appropriation bill, christened “Shared Prosperity,” is designed to drive major infrastructure projects, strengthen human capital development, and further stimulate economic growth across the state.
The governor had presented a N3.3 trillion budget for the ongoing 2025 fiscal year.
Posting on X, the governor’s Chief Press Secretary, Gboyega Akosile, disclosed: “Governor Babajide Sanwo-Olu presents the Year 2026 Budget proposal of Lagos State, tagged ‘Budget of Shared Prosperity.’
“The Year 2026 Budget as proposed has a total budget size of N4,237,107,009,308 (Four Trillion, Two Hundred and Thirty-Seven Billion, One Hundred and Seven Million, Nine Thousand, Three Hundred and Eight Naira).”
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