Lagos State Governor Babajide Sanwo-Olu has signed the 2026 Appropriation Bill into law, amounting to ₦4.44 trillion. The signing took place on Monday, marking a key step in the state's fiscal planning for the upcoming year.
On Monday, January 19, 2026, Lagos State Governor Babajide Sanwo-Olu signed the 2026 Appropriation Bill into law. This legislation, totaling ₦4.44 trillion, outlines the state's budgetary allocations for the fiscal year ahead.
The approval of the budget represents an important milestone in Lagos's governance, providing a framework for public spending and development initiatives. As Nigeria's economic hub, Lagos relies on such budgets to address infrastructure, social services, and economic growth needs.
No specific details on sectoral breakdowns were immediately available from the signing event, but the move ensures continuity in the state's financial operations.
