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Sanwo-Olu presents N4.237 trillion 2026 budget focused on shared prosperity, infrastructure

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Governor Babajide Sanwo-Olu

Sanwo-Olu presents N4.237 trillion 2026 budget focused on shared prosperity, infrastructure

Lagos – Governor Babajide Sanwo-Olu yesterday presented a N4.237 trillion budget proposal for the 2026 fiscal year to the Lagos State House of Assembly, marking a significant increase of over N1 trillion from the N3.005 trillion 2025 budget.

Tagged the “Budget of Shared Prosperity,” the proposal outlines a total revenue of N3.993 trillion, including internally generated revenue (IGR) of N3.119 trillion and federal transfers of N874 billion, with a projected deficit financing of N243.332 billion. The budget earmarks N2.185 trillion for capital expenditure and N2.055 trillion for recurrent expenditure, covering overheads, personnel, and debt servicing.

Governor Sanwo-Olu said the budget is anchored on four strategic pillars: a human-centred approach, modern infrastructure, a thriving economy, and effective governance. He noted that Lagos has consolidated its position as Africa’s second-largest city economy, after Cairo, attributing this to the consistency, innovation, and resilience of residents.

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Highlighting recent milestones, the governor cited Lagos’ hosting of Africa’s first E1 Electric Powerboat Grand Prix, securing rights for the 2026 Creative Africa Nexus, and the 2027 Intra-African Trade Fair. He also noted progress across education, healthcare, social protection, transport, housing, environmental management, agriculture, and technology, including the completion of over 250 educational infrastructure projects and expansion of healthcare facilities.

“We are shifting from building infrastructure to integrating it. Plans will focus on interlinking roads, rail, waterways, power systems, and digital networks into a single functional mobility ecosystem,” Sanwo-Olu stated.

Speaker Mudashiru Obasa assured lawmakers would scrutinize the budget carefully before passage, emphasizing that it aligns with Lagos’ growth ambitions and strengthens sectors such as healthcare, education, transportation, security, and governance. He commended the governor for sustaining infrastructure development despite economic challenges.

Sanwo-Olu presents N4.237 trillion 2026 budget focused on shared prosperity, infrastructure

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Akpabio sues Natasha for ₦200bn over sexual harassment allegations

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Senator Natasha Uduaghan and Senate President Godswill Akpabio

Akpabio sues Natasha for ₦200bn over sexual harassment allegations

Senate President Godswill Obot Akpabio has instituted a ₦200 billion defamation lawsuit against Senator Natasha Akpoti-Uduaghan, accusing her of spreading malicious sexual harassment allegations that he says have severely damaged his public image.

According to documents filed before the High Court of the Federal Capital Territory, Abuja, Akpabio is seeking substantial damages, public retractions, and nationwide broadcast apologies. He argues that Senator Akpoti-Uduaghan’s televised, radio, and online interviews portrayed him as a sexual predator who abused his office for personal gratification—claims he insists subjected him to widespread ridicule and reputational harm.

The lawsuit includes a comprehensive statement of claims and a list of witnesses. Akpabio is also asking the court to compel the removal of all online materials containing the disputed allegations and to order repeated public apologies across major media outlets.

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A court order issued on 6 November 2025 granted permission for substituted service through the Clerk of the National Assembly after initial attempts to reach Senator Akpoti-Uduaghan directly were unsuccessful. The case is now moving forward and is expected to become one of the most closely watched political legal battles in Nigeria.

Responding on 5 December 2025, Senator Natasha Akpoti-Uduaghan confirmed receipt of the suit and expressed readiness to defend her allegations before a competent court. She stated that she had previously been prevented from presenting a petition before the Senate Committee on Ethics and Privileges due to claims that a related case was already in court—an action she believes protected the Senate President from legislative scrutiny.

In a strongly worded response, the Kogi Central senator maintained that the court proceedings will finally provide the platform to substantiate her claims. She reiterated her stance that she experienced sexual harassment and that her refusal to comply with the alleged advances prompted sustained political retaliation.

See you in court, Godswill Akpabio,” she declared.

Akpabio sues Natasha for ₦200bn over sexual harassment allegations

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NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party

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NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party

The Nigeria Labour Congress (NLC) has warned that it will no longer remain passive as criminal gangs intensify violent attacks across the country, declaring its readiness to hold a national day of mourning and mobilise nationwide protests over the escalating insecurity in Nigeria.

Speaking at the opening of the NLC’s National Executive Council (NEC) meeting in Lagos, NLC President Joe Ajaero said the country was “under siege,” condemning the latest school kidnapping and the reported withdrawal of security personnel before the attack. He demanded a full investigation to expose any possible compromise within the nation’s security architecture.

“The NLC cannot stand idly by and allow criminals to take over our country—never again. We want to know who ordered the withdrawal of security operatives from that school. We will not allow kidnappers and bandits to overrun our nation,” Ajaero said.

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He stressed that the labour movement would soon announce details of the planned protests and national mourning, insisting the lives of teachers, students and workers were in grave danger. “It is getting out of hand. We can no longer bear this,” he added.

Ajaero also revealed that the NLC had withdrawn its representatives from the Labour Party, accusing them of pursuing personal interests rather than representing workers.

Human rights lawyer Femi Falana, SAN, who addressed the meeting, warned that the country was in “serious trouble” over rising kidnappings and attacks. He rejected calls for foreign military intervention, cautioning that such a move would undermine Nigeria’s sovereignty.

Falana criticised recent statements by former U.S. President Donald Trump, describing them as unacceptable. He urged President Bola Tinubu to take decisive action to protect citizens, saying: “We want to let the world know that we are not a conquered people.”

He called on labour unions, civil society organisations and Nigerians to prepare to resist any further decline in national security.

NLC threatens nationwide protests as insecurity worsens, withdraws support for Labour Party

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Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria

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Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria

Former British Prime Minister Boris Johnson has praised UK Conservative Party leader Kemi Badenoch, describing her as a “future Prime Minister of the United Kingdom” during his visit to Nigeria for the Imo State Economic Summit 2025.

Speaking in Owerri, Imo State, on Thursday, Johnson commended Governor Hope Uzodimma for his efforts to boost economic development and improve security, noting that he felt “perfectly safe” despite earlier warnings about Nigeria’s security situation.

Johnson highlighted the state government’s push to deliver 24-hour electricity, stressing that reliable power and clean, sustainable energy are essential for economic growth as the world moves into an Artificial Intelligence (AI)-driven future.

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He also emphasized the strong historical and economic ties between Nigeria and the United Kingdom, praising the exchange of goods, services, and highly skilled professionals between both countries.

In a humorous remark that sparked applause, Johnson said: “We send you former UK prime ministers, and you send us future UK prime ministers in the form of Kemi Badenoch.”

The summit, attended by Vice President Kashim Shettima, former UN Secretary-General Ban Ki-moon, business mogul Aliko Dangote, and other top government and private-sector leaders, focused on strategies to accelerate Imo State’s economic transformation.

Boris Johnson Hails Kemi Badenoch as “Future UK Prime Minister” During Visit to Nigeria

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