The Governor of Lagos State, Mr. Babajide Sanwo-Olu on Thursday signed ₦3.37 trillion 2025 appropriation bill into law, expressing commitment to building a greater state.
Sanwo-Olu noted that the bill tagged the ‘Budget of Sustainability’ marks a pivotal step in his administration’s mission to deliver development across the state
He also stated that it is a strategic blueprint for solidifying past gains while preparing for the future.
“A significant portion is dedicated to capital expenditure, ensuring we continue investing in transformative projects that drive economic growth and improve lives. This reflects our focus on infrastructure, innovation, and sustainable development.
“The recurrent expenditure of ₦1.30 trillion is carefully planned to sustain the efficient running of government operations while supporting critical sectors such as education, healthcare, and security. This balance underscores our commitment to fiscal responsibility and service delivery,” he said.
Governor Sanwo-Olu explained that the budget is more than numbers as it is a commitment to building a Lagos that works for everyone.
“From infrastructure and housing to youth empowerment and social interventions, every allocation is tied to our vision for a Greater Lagos that thrives now and in the future,” he stressed.
The governor expressed gratitude to Lagos State House of Assembly for their collaboration and Lagosians for their trust.
“Together, we will implement this budget to deliver a lasting impact. 2025 is a year of bold actions and sustainable progress. This is Lagos, and we lead,” he added.
