The Lagos State House of Assembly has commenced consideration of Governor Babajide Sanwo-Olu’s request to reorder the state’s N4.44 trillion 2026 Appropriation Law, with the proposal scaling second reading on the floor of the House.
The governor’s request was contained in a letter read to lawmakers by the Clerk of the House, Mrs Adenike Oshinowo.
Sanwo-Olu said the proposed reordering was aimed at improving the implementation of capital projects and accelerating the delivery of projects across the state.
The N4.44 trillion “Budget of Shared Prosperity” was signed into law in January 2026 and has been under implementation across various sectors.
According to the governor, cumulative budget performance stood at 69 per cent at the end of the second quarter, with recurrent expenditure recording 73 per cent performance and capital expenditure standing at 66 per cent.
He acknowledged that the figures were below the 100 per cent benchmark but said the government needed to reassess its implementation strategy, particularly regarding capital investments, during the remaining months of the fiscal year.
Sanwo-Olu explained that while some ministries, departments and agencies had made substantial progress and were approaching full utilisation of their budgetary provisions, others had recorded relatively low implementation.
He said the disparity had affected project delivery and the overall performance of capital expenditure, making it necessary to adopt a more focused approach to capital investments.
The governor said the proposed reordering would help accelerate project execution and improve capital expenditure performance.
He also cited the absence of new revenue sources for the remaining months of the year as a constraint, saying the available resources needed to be strategically deployed.
Sanwo-Olu therefore appealed to the lawmakers to approve the proposal, arguing that it would enable the government to address critical challenges within the resources available to the state.
During the debate, lawmakers called for the reordering to prioritise projects with direct and visible benefits for residents.
Hon. Aro Moshood urged the House to ensure that funds withdrawn from ministries, departments and agencies were redirected to projects that could be completed and delivered to the people.
He also called for a deliberate approach that would prioritise projects capable of benefiting constituencies across Lagos.
Similarly, Hon. Gbolahan Yishawu, representing Eti-Osa Constituency II, backed the proposal but urged the government to carefully assess projects with low implementation performance before reallocating their funds.
Yishawu said the exercise should be guided by project performance and the need to channel resources towards projects capable of delivering greater impact.
Hon. Kehinde Joseph also called for greater attention to capital projects addressing environmental challenges, including flooding, drainage and waste management.
Following the debate, Speaker of the House, Rt. Hon. Mudashiru Obasa, referred the governor’s request to the Committee on Economic Planning and Budget for further consideration.
The committee is expected to submit its report to the House on August 31, 2026, when lawmakers are scheduled to resume, ahead of further consideration and possible passage of the proposal.
Meanwhile, the Speaker announced additional requests from Governor Sanwo-Olu seeking the confirmation of nominees to the Lagos State Neighborhood Safety Corps, the Lagos State Audit Service Commission and the Local Government Service Commission.
Obasa directed the relevant House committees to invite the nominees and commence the confirmation process.
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