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Sanwo-Olu Presents N4.2tr 2026 Budget to Lagos Assembly
Governor Babajide Sanwo-Olu on Tuesday laid before the Lagos State House of Assembly a N4.237 trillion Appropriation Bill for the 2026 fiscal year, describing it as an ambitious, future-driven financial plan aimed at solidifying his administration’s legacy in its final full year.
Presenting the proposal, titled the “Budget of Shared Prosperity,” the governor said it reflects the collective optimism that Lagos will continue to expand opportunities, strengthen its leadership role, and reinforce its status as Africa’s foremost megacity.
Sanwo-Olu disclosed that the budget projects total revenue of N3,993,774,552,141, comprising N3.12 trillion in Internally Generated Revenue and N874 billion in expected Federal Transfers. The funding structure, he noted, leaves a deficit financing requirement of N243,332,457,167.
For the 2026 fiscal year, capital expenditure is set at N2,185,085,419,495, while recurrent expenditure stands at N2,052,021,589,812. He explained that the recurrent component covers overheads, personnel costs, and debt obligations.
A breakdown of recurrent spending shows total overhead costs of N1,084,245,843,091, including general overheads, subventions and dedicated expenditures, while personnel costs amount to N440,494,339,384. Recurrent debt charges are projected at ₦143,876,701,943, with debt repayments estimated at N383,404,705,394.
Sanwo-Olu also outlined the sectoral distribution of the 2026 budget. General Public Services will receive N847,472,071,966; Public Order and Safety, N147,040,088,897; and Economic Affairs, N1,372,307,808,626. The Environment Ministry is allocated N235,957,235,138, while Housing receives N123,760,310,429.
The Health sector is earmarked N338,449,258,945; Education gets N249,132,921,287; Social Protection, N70,024,171,038; and the Recreation and Culture sector will take N54,682,339,586.
The governor said the year 2026 carries special weight as the last full calendar year of his administration, describing it as a period crucial for consolidating achievements and ensuring a “strong, successful finish.”
He reaffirmed his commitment to completing all ongoing and newly initiated projects, adding that his administration will continue to prioritise citizen engagement to ensure government decisions reflect the needs of Lagosians.
According to him, Lagos is entering a new phase of “accelerated impact,” driven by sustained investment in infrastructure, human capital, social welfare and governance systems that are “intentional, inclusive and future-oriented.”
Sanwo-Olu reiterated his administration’s core mission: “To keep Lagos secure, to keep Lagos working, to keep Lagos growing, and to make sure the prosperity we build is shared by everyone who calls this centre of excellence home.”
He commended the Lagos State House of Assembly for its consistent partnership, describing the lawmakers as steadfast allies in the state’s development journey. He also praised the civil service for its hard work in translating government vision into measurable progress.
DailyPost
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Terrorist Attack: Lagos Police Beef Up Security Around Schools, Worship Centres
The Lagos State Commissioner of Police, CP Olohundare Jimoh, has disclosed that armed personnel have been deployed to all parts of Lagos State to protect schools and other public places.
CP Jimoh disclosed this on Monday while briefing journalists on the activities of the command in the last few months.
He also disclosed that no fewer than 56 criminals have also been arrested for different crimes in the last few months.
The police, however, stressed that the crime rate in the State has gone down significantly during the period under review.
The reinforcement of the security around the State may not be unconnected with the recent resurgence of kidnapping and violent attacks in some parts of the country.
According to police boss, the command also recovered ten exotic vehicles from robbers in different parts of the state.
CP Jimoh said: “The security situation in Lagos is not alarming, and we are firmly on top of the situation. During the period under review, there have not been any extraordinary or significant security problems throughout the bigger city.
This is not due to the police effort alone, it is due to the whole population and the collaboration and support of the public, individuals and other members of the public that have come to identify with the police and ensure the safety and protection of life and property throughout the State.”
CP Jimoh continued: “We are making significant progresses in the area of crime fighting and prevention. This with the introduction of new strategies.
It is due to the positive result that has led to the recovery of about 10 vehicles within the last few weeks.”
He stressed that during the month under review, the command recovered 10 vehicles stolen and one motorcycle removed from park.
Across multiple operations in November, the Command recovered six firearms, including locally made pistols, cut-tosize guns, a single cut-to-size barrel gun, multiple live cartridges, dangerous weapons such as a machete, a battle axe, and an assault dagger, as well as Nigerian military m camouflage, charms, and fake currency valued at four thousand dollars. ”
“These achievements are a testament to our sustained November strategy aimed at dismantling criminal gangs, intercepting stolen property, removing illegal firearms from circulation, and strengthening public safety across Lagos State.
“The total number of weapons and items recovered are: one machete, one battle axe, one assault dagger, one Nigerian military camouflage, one charm, and fake 4,000 USD,” the CP also stated.
He added: “These items were seized during intelligence-driven operations aimed at neutralising gangs responsible for violent crimes and coordinated attacks in different parts of Lagos State.
The recovery of these weapons and materials significantly disrupts the capabilities of criminal groups and enhances the overall security landscape of the State.”
CP Jimoh also urges people who may want to come and celebrate the Yuletide period in the state not to entertain any fear.
He noted that increased police surveillance had been put in place to prevent any breakdown of law and order during the celebration.
He added that he had also directed all Area Commanders, Divisional Police Officers, Tactical Squads, and Unit Commanders to fortify worship centers with adequate security during services.
News
UK Govt Rejects Tinubu’s Request to Transfer Jailed Ekweremadu to Nigeria
The United Kingdom Government has rejected Nigeria’s request to deport former Deputy Senate President, Ike Ekweremadu, to serve the remainder of his prison term at home, insisting he must complete his sentence in Britain.
Ekweremadu, 63, is serving nine years and eight months after he, his wife Beatrice, and their associate, Dr Obinna Obeta, were convicted in 2023 for conspiring to exploit a young Nigerian man for his kidney. The organ was intended for transplant to Ekweremadu’s ailing daughter, Sonia, in what became the first conviction for organ trafficking under the UK’s Modern Slavery Act.
While, Beatrice, who received a four-and-a-half-year sentence—with half served in custody—was released earlier this year and has since returned to Nigeria, however, a delegation led by Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, met with officials of the UK Ministry of Justice (MoJ) last week to discuss the possibility of transferring Ekweremadu to Nigeria. A report by The Guardian UK, said a senior MoJ source confirmed the request was declined. The UK was reportedly concerned that Nigeria could not guarantee that the former lawmaker would continue serving his sentence if deported.
While the UK government declined to comment on the specific case, a spokesperson stressed that prisoner transfers are approved only when they align with the interests of justice. Another official added: “The UK will not tolerate modern slavery and any offender will face the full force of UK law.”
News
Food for Living: Who’s Your Source?
By Henry Ukazu
Dear Destiny Friends,
What would be your answer if the question, ‘who is your source’ is thrown at you? Tough, right?
Let’s begin from the beginning. Source may mean different things to different people. For a spiritually minded person, source may mean divinity while for those in the academia, it is where they get their research information from. Again, in courtroom settings, opposing counsels are noted to verify evidence to ascertain their origin. Even judges sometimes insists on for the authenticity of documents before admitting them as evidence. Even a child looks upon his/her parents as their source. Source therefore, can refer to the origin, or emanating point of a particular thing, action or activity. It can be that quality, trait or character that sets one apart and draws other things his way.
Somebody’s source can be his money, charming smiles, lovely voice, or even their access. The source varies depending on the aisle one belongs.
It must be said however, that the fastest way to destroy someone is to silence their source. For instance, the earning power of a man is seen as his bargaining power. So, if someone wants to frustrate him, they can tackle his business or job. Just like if someone wants to frustrate a child, the target will be the child’s parents because they know if the parents are down, it might affect the child.
As humans, sometimes we depend on our parents, mentors, friends, boss, husband, wife, children, siblings, leaders, benefactors, lecturers or men of God for support. Don’t get me wrong, all these are great support, but they are not the main support we need as human beings to go to the next level of life. They are all relative support one needs to thrive.
Source is like a trade secret. Nobody tells anyone what their secret is. Those, who have distinguished themselves in their particular fields might refer to God as their strength, but would surely remain silent as to the extra work they put in to get to where they are.
Let me give you a practical example; as a published author I can authoritatively tell you that God has been extremely kind to me. My books have opened doors for me, they has connected me to lots of resourceful people in addition to providing opportunities for which has brought value to my business. An ordinary man on the street will think I have been favored specially; some might even say I’m lucky or I’m a blessed man. But the truth is that I did my part. So, despite all my attributed and perceived success, I will tell you God did it for me. Again, remember, if I had not taken the time to write the manuscripts and have them published, networked with the right people, maybe I wouldn’t have gotten the opportunities I have received in recent times.
The moral is that everyone has a source, but not everyone is bold enough to tell you their source, but I can boldly tell you my source is God.
There was an interesting story I recently watched on social media where Pastor Mildred Okonkwo shared a true-life story about her marital life. According to her, despite Pastor Kingsley always being on television preaching and receiving ovations, she and her husband (Pastor Kingsley Okonkwo) were living in poverty to the extent that sometimes, they don’t have food to eat.
Sometimes, they had to manage to squeeze the tube together to get paste to brush their teeth and when that wasn’t enough, she had to use her kitchen skills to cut the container to scoop paste. She further stated that the situation degenerated to the extent they had to join crumbs of soaps together before they could get a decent bath. That was how bad it was.
This is where it gets interesting; she stated that she came from a family of those, who marry broke men. The situation was literally depressing. It made her take a deep breath to ascertain if that was going be her new reality. Her pensive mood was activated, and she asked herself for how long she would continue to live like this. Many thoughts were running through her mind. During one of her meditative moments, she got a revelation, she would be putting too much pressure on her husband, and it wouldn’t save the situation because her husband is not her source. God is her source.
When she came to that realization, she began to seek the face of God for blessings upon their family. It was at that moment she realized, as human beings we carry the blessings. This is the reality of most women. Most times in marriage, people put the burden and enrichment of their life on their husband instead of looking up to God, and within themselves. Who told you, you can’t make money as a person? The man you are looking up to doesn’t have two heads, four legs nor does he have four eyes, four hands, or fours ears.
It’s sad to note that sometimes most women think a man will take care of them; this mindset limits their creative abilities and possibilities because they think their is limited or may never come if a man doesn’t marry them.
It’s instructive to note that men and money don’t make people rich, rather it is the blessings of men and money that make us rich. Just like your salary doesn’t make you rich, rather the blessing on your salary makes you rich. One maybe wondering how this works; when one receives blessings from their parents, mentors, benefactors, boss, or even strangers who are beneficiary of their good deeds, that blessings have a way of positively affecting their lives in such a way that whatever the person lays his hands on will be fruitful. This is a typical example of how source works because the original blessing has manifested.
In conclusion, I will ask you, what’s your source? Take time to ask yourself, what am I you working on? Who can assist me to get to the next level? What is the requirement(s)? When these are figured out, take time to nourish and preserve them because one’s source is his power.
Henry Ukazu writes from New York. He works with the New York City Department of Correction as the Legal Coordinator. He’s the founder of Gloemi. He’s a Transformative Human Capacity and Mindset coach. He is also a public speaker, youth advocate, creative writer and author of Design Your Destiny Design and Unleash Your Destiny . He can be reached via info@gloemi.com






