Lagos State Governor Babajide Sanwo-Olu on Tuesday presented a proposed N4.237 trillion budget for the 2026 fiscal year to the state House of Assembly.
The proposal marks a significant increase of over N1 trillion compared to the N3.005 trillion budget for 2025, presented last November.
“This budget is proposed at a total size of N4.237 trillion. It comprises total revenue of N3.993 trillion, with a deficit financing of N243.332 billion. The revenue includes internally generated revenue (IGR) of N3.119 trillion and total federal transf
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