Sanwo-Olu Signs ₦3.37 trillion 2025 Appropriation Bill to Law, Says "It's a Strategic Blueprint for Greater Lagos"

By: Olufemi Orunsola 

Lagos State Governor, Mr.Babajide Sanwo-Olu has signed the 2025 Appropriation bill for the state pitched at N3.3 trillions to law over the weekend, noting that it marks "a pivotal step in our mission to deliver sustainable development across Lagos State."

According to the Governor, The ‘Budget of Sustainability’ with a total budget size of ₦3.37 trillion is a strategic blueprint for solidifying past gains while preparing for the future.

OPEN TELEVISION NAIJA (OTN) News gathered that a significant portion of the budget is dedicated to capital expenditure to ensure continued nvesments in transformative projects that drive economic growth and improve lives. 

Sanwo-Olu revealed that the major focus of the 2025 budget for the state "reflects our focus on infrastructure, innovation, and sustainable development."

He further revealed that "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."

The governor, who thanked the Lagos State House of Assembly for their collaboration and Lagosians for their trust reaffirmed that the ‘Budget of Sustainability’ is more than numbers; it is a commitment to building a Lagos that works for everyone, noting that 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."

In conclusion, he maintained that the implementation of the Lagos budget is a collective effort, saying, "We will implement this budget to deliver a lasting impact."

Sanwo-olu reiterated that "2025 is a year of bold actions and sustainable progress," affirming that, "This is Lagos, and we lead strategic blueprint for solidifying past gains while preparing for the future."