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SANWO-OLU PRESENTS N2.2 TRILLION ‘BUDGET OF RENEWAL’ TO ASSEMBLY

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Economy affairs, education, environment top Lagos’ priorities in 2024
 
•Expect more better times, Governor tells Lagosians
 

Lagos State, in 2024, will sustain its investment momentum towards expanding the growth of the economy.

Governor Babajide Sanwo-Olu, on Wednesday, presented an estimate of N2.2 trillion expenditures to the House of Assembly for next year, proposing increased capital spending across key priority areas in the Economic Affairs sector.

There will be renewed focus on Works and Infrastructure next year, Sanwo-Olu said, noting that the proposed intervention would enable the State Government bridge infrastructure deficit in economic viable sectors, including transportation, agriculture, tourism, waterfront infrastructure development, energy and mineral resources.

Improvement expected from the investment, the Governor said, would boost productivity and drive commercial activities across the State. He added that the impact would be felt by the residents.

In the proposed 2024 expenditure christened “Budget of Renewal”, the Governor also prioritised education and technology, earmarking N199 billion to the sector. Public safety got N84 billion, representing a significant increment in security spending.

Environment will be another priority area for the Government next year. Sanwo-Olu said there would be comprehensive drainage-clearing and promised not to leave any stone unturned in his administration’s effort to stop violations of the State’s urban masterplan.

The Governor said the cost of food had raised fresh concerns, stressing that his Government, in 2024, would key into the targeted Food Security initiatives of the Federal Government.

He proposed additional funding to raise capacity in solid waste management, just as the Governor earmarked billions for health, food security and social protection.

He said: “Our 2024 Budget, going by its given title, aligns with the objectives of the Federal Government and is designed to further propel Lagos towards prosperity. It will not only ensure that we contribute significantly to our national economy, but also safeguard the welfare and aspirations of every Lagosian.

“We understand this period is a challenging economic time, but therein lies immense accompanying opportunities. The Year 2024 Appropriation Bill, which will be the first full year budget since the inception of this administration for our second four-year tenure in office, is designed to make Lagos remain attractive to huge investments that will create jobs, improve the economy and transform local communities.”

Of the proposed 2024 budget, N1.224 trillion, representing the capital expenditure, would accrue from Internally Generated Revenues (IGRs) and federal transfers, while deficit financing of N398.283 billion would be sourced from external and domestic loans, and bonds projected to be within the State’s fiscal sustainability parameters.

Sanwo-Olu proposed recurrent expenditure of N1.021 trillion, covering overhead, subventions, dedicated funds, total personnel cost, and debt service. The capital to recurrent expenditure ration is 55:45 per cent.

The Governor disclosed the current year budget had performed at 80 per cent as of the end of September.

Sanwo-Olu commended members of the Assembly and the Speaker, Rt. Hon. Mudashiru Obasa, for their “unwavering commitment” to the collective aspiration for Lagosians, urging continued cooperation and collaboration towards meeting the yearnings of the people.

The Governor said: “To the good people of Lagos, I remain eternally grateful for the opportunity and privilege to serve once again. I assure that we will intensify the pace of our work in the days ahead to add lasting value to your lives. Better times are coming. We have gone through some very difficult times, but while the pain is temporary, the dividends of the necessary investments we are making will be here to stay.”

Obasa promised thorough scrutiny of the proposed budget, stressing that the legislature would perform its constitutional duties and ensure the budget repositioned the State towards infrastructural growth and lifting people out of poverty.

The Speaker called for a shift in implementation of palliatives being given to the people to ameliorate the present economic situation. He said the Government must move away from sharing staple foods towards giving intangible benefits.

He said: “This House holds the responsibility of scrutinising this budget to ensure that it adequately meets the demands and desires of the people. We shall equip ourselves with the principles of transparency, accountability, probity, and fairness.

“We shall monitor the performance, execution, and compliance of the provision of this budget. We will hold officials that would drive the good initiatives of Mr. Governor as stated in this budget accountable in line with their ministerial responsibilities.”

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Senate Confirms Bernard Doro as Minister of Humanitarian Affairs

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Bernard Doro
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The Senate has confirmed the nomination of Bernard Doro as Nigeria’s new Minister of Humanitarian Affairs and Poverty Alleviation.

President Bola Ahmed Tinubu had forwarded Doro’s name to the upper legislative chamber for screening and confirmation in a letter dated October 21, 2025.

Doro’s appointment comes in the wake of the election of Dr. Nentawe Yilwatda as the National Chairman of the All Progressives Congress (APC) in July, a development that created a ministerial vacancy in the humanitarian affairs portfolio.

During Thursday’s plenary session, senators deliberated on the President’s request before unanimously confirming Doro’s nomination through a voice vote.

With his confirmation, Doro is expected to oversee ongoing humanitarian interventions, coordinate poverty reduction programs, and strengthen the government’s response to social welfare challenges across the country.

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Tinubu Grants Clemency to Selected Convicts

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President Bola Ahmed Tinubu
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*** Moves Prerogative of Mercy Secretariat to Justice Ministry

President Bola Ahmed Tinubu has signed the official instruments of clemency and pardon for selected individuals, completing the formal process of exercising his constitutional power of prerogative of mercy.

The decision followed consultations with the Council of State and a review of public opinion, according to a statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

Under the review, individuals convicted of serious offences such as kidnapping, drug trafficking, human trafficking, fraud, and unlawful possession of firearms were removed from the list of beneficiaries. Others who had previously been pardoned had their sentences commuted.

Onanuga said the review was guided by considerations of national security, the feelings of victims, the morale of law enforcement agencies, and Nigeria’s international obligations. He added that the concept of justice as a “three-way traffic” — involving the accused, the victim, and the state — informed the President’s decision.

The approved list of eligible beneficiaries has been forwarded to the Nigerian Correctional Service for implementation.

In a related directive, President Tinubu ordered the immediate relocation of the Secretariat of the Presidential Advisory Committee on Prerogative of Mercy from the Ministry of Special Duties to the Federal Ministry of Justice.

The President also instructed the Attorney-General of the Federation to issue new guidelines for exercising the power of mercy, mandating consultation with relevant prosecuting agencies to ensure that only qualified individuals benefit from future clemency exercises.

Tinubu expressed appreciation for the feedback received from stakeholders and the public, reaffirming his administration’s commitment to judicial reform and the improvement of Nigeria’s justice system.

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Senator Bamidele Donates Brand-New 2025 Coaster Bus to Ekiti APC

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Brand New Bus Donated by Senate Leader, Sen. Opeyemi Bamidele
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The Senate Leader, Senator Michael Opeyemi Bamidele (MOB), has once again demonstrated his characteristic leadership and commitment to party development by donating a brand-new 2025 model Coaster Bus to the All Progressives Congress (APC) Ekiti State Executive Committee.

The presentation, described as a remarkable gesture of support and solidarity, underscores Senator Bamidele’s unwavering dedication to strengthening the party’s administrative capacity, enhancing mobility, and promoting unity among members across the state.

According to sources within the party, the new bus will serve as a vital logistical asset for the state secretariat, enabling smoother coordination of activities and improved communication between local government chapters and the state executive.

Party leaders and members have commended Senator Bamidele for his consistent contributions to the progress of the APC in Ekiti State and beyond. They described him as a dependable and visionary leader whose service-driven approach continues to inspire confidence and cohesion within the party structure.

Senator Bamidele, who also serves as the Chairman of the Southern Senators’ Forum, has over the years maintained a reputation for responsive leadership, philanthropy, and political maturity. His latest donation aligns with his broader vision of building a stronger and more effective APC that reflects the principles of good governance and grassroots participation.

In his usual manner, the Senate Leader emphasized that leadership must be about service, sacrifice, and empowerment, noting that his gesture was aimed at supporting the smooth functioning of the party machinery in the state.

“Our strength as a party lies in unity and effective coordination,” Senator Bamidele was quoted as saying. “This gesture is my modest contribution toward ensuring that our great party in Ekiti remains vibrant, mobile, and united in purpose.”

With this latest intervention, Senator Bamidele has once again reaffirmed his position as a pillar of support and a symbol of progressive leadership within the APC, both in Ekiti State and at the national level.

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