BY: AYO AGBEOLUWAYE

Lagos State House of Assembly has received a request from the Lagos State Governor, Mr. Babajide Sanwo-Olu seeking the reordering of the 2026 Budget christened the “Budget of shared prosperity”.

The request letter which was read before the House by the Clerk, Mrs. Adenike Oshinowo, outlined the priorities and rationale behind the proposed budget reordering.

Leading the debate, the Chairman House Committee on Economic Planning and Budget, Hon. Olumoh Sa’ad noted that the Y2026 budget had recorded about 69 per cent performance, stressing that the proposed reordering had become necessary to ensure that available resources were channeled to priority areas, suggestion that the development would provide an opportunity for the Governor to reconsider the proposed ₦200 Billion bond recently presented to the House for consideration.

Contributing, Hon. Aro Moshood and Gbolahan Yishawu both described the reordering as part of the dividends of democracy, expressing the hope that it would further address the needs of Lagosians across the nooks and crannies of the State while also advocating for the reallocation of funds to projects that were performing and nearing completion.

They both noted that some capital projects had made significant progress, others were still ongoing and required sustained funding for completion.

Hon. Kehinde Joseph in his submission drew the attention of the lawmakers to give priority attention to environmental challenges, especially drainage and flood-control projects stressing that adequate funding be provided for interventions that would help address flooding and improve the quality of life of residents.

Presiding over the plenary, the Speaker, Rt. Hon. Mudashiru Obasa committed the proposed reordering to the Committee on Economic Planning and Budget to report its findings in two weeks.