Ogun State 2026 Budget Proposal
Analysis based on 9 articles · First reported Dec 03, 2025 · Last updated Dec 04, 2025
The presentation of the N1.669 trillion 2026 budget by Dapo Abiodun for Nigeria — Ogun State is expected to positively impact the state's economy by prioritizing infrastructure, education, and healthcare. This fiscal plan aims to stimulate economic growth and improve living standards, potentially attracting investment to Nigeria — Ogun State.
Dapo Abiodun, the Governor of Nigeria — Ogun State, presented the N1.669 trillion 2026 Appropriation Bill, titled 'Budget of Sustainable Legacy,' to the Nigeria — Lagos State House of Assembly for approval. The budget, a 63% increase over the 2025 budget, focuses on continuity, consolidation, and long-term impact. It allocates N1.044 trillion (63%) to capital expenditure and N624.76 billion (37%) to recurrent expenditure. Key revenue sources include N509.88 billion from internally generated revenue (IGR), with N250 billion from the United States — Internal Revenue Service, and N554.81 billion from the Nigeria. Sectoral allocations prioritize infrastructure (32%), education (17%), and health (13%). Oludaisi Elemide, the Speaker of the Nigeria — Lagos State House of Assembly, acknowledged the presentation and called for financial autonomy for the legislature.
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