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Lagos state Governor Sanwo-Olu Signs 2025 Appropriation Bill
• Says N3.366trn budget will build on past gains, scale up impact for future
• Internal Revenue Service has crossed N1 trillion in IGR — Assembly
Lagos State Governor, Mr. Babajide SanwoOlu, on Thursday signed the 2025 Appropriation Bill tagged “Budget of Sustainability.”
Governor Sanwo-Olu signed the budget, which is N3.366 trillion, at the Lagos House, Ikeja, during a ceremony attended by his deputy, Dr. Obafemi Hazmat; Secretary to the Lagos State Government (SSG), Barr (Mrs.) Bimbola Salu-Hudeyin; members of the Lagos State House of Assembly, led by the Chairman of the Joint Committee on Appropriation and Finance, Hon. Sa’ad Olumoh; and members of the State Executive Council, among others.
Speaking after signing of the 2025 Appropriation Bill, Governor Sanwo-Olu said the budget was structured around five key pillars, which are Infrastructure Sustainability; Economic Diversification; Social Inclusion and Human Capital Development; Environmental Sustainability; and Governance and Institutional Reforms.