News
SANWO-OLU PRESENTS N2.2 TRILLION ‘BUDGET OF RENEWAL’ TO ASSEMBLY
Published
3 years agoon
By
News Editor
•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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News
Police Arrest 5 PakistanI Nationals, Recover 35 Phones in Benue Intelligence Ooperations
Published
22 hours agoon
August 8, 2026
The Benue State Police Command has arrested five Pakistani nationals and recovered thirty-five mobile phones in separate intelligence-led operations in Otukpo and Ugbokolo areas of the state.
The arrests were disclosed in a statement issued on Thursday, August 7, 2026, by the Command’s Public Relations Officer, DSP Orchia Peter Aondongu.
According to the statement, operatives acting on credible intelligence arrested three Pakistanis at Adoka Motor Park, Otukpo Local Government Area, on August 4, 2026.
The suspects were identified as Younas Mohammad, 36; Ahmad Nunil, 38; and Aslam Muhammad, 46. They were intercepted while attempting to board a vehicle to Adoka village.
During preliminary questioning, the suspects claimed they were in Otukpo to market cosmetics and mobile gadgets, none of which were found in their possession.
“This made their explanation, activities and movements within the area suspicious, requiring more clarification,” the PPRO stated.
In a separate operation on August 5, 2026, two other Pakistanis, Juma Sharif, 30, and Muhammed Sharif, 25, were arrested at a local hotel in Ugbokolo following another credible intelligence.
The two claimed to be dealers in Android phones. A search of their belongings led to the recovery of eleven Tecno Camon 50 Pro mobile phones.
Further investigation and operational follow-up resulted in the recovery of an additional twenty-three Tecno Camon 50 Pro phones and one Infinix Hot 60 phone, bringing the total number of recovered mobile phones to thirty-five.
The five suspects have been transferred to the State Criminal Investigation Department, SCID, Makurdi, where discreet and comprehensive investigations are ongoing to establish the circumstances surrounding their presence, activities and movements within the state.
The Command said it strongly suspects that the possession of the mobile phones may be a decoy for clandestine activities in rural areas of the state, noting that the suspects “hardly speak or understand English.”
The Commissioner of Police, Benue State Command, CP Cletus C. N. Nwadiogbu, commended the officers involved in the operations and members of the public whose timely information contributed to the arrests.
He reassured residents that the operations form part of the Command’s proactive, intelligence-led policing strategy aimed at identifying potential security threats, preventing criminal activities and safeguarding lives and property across the state.
CP Nwadiogbu further urged residents to remain vigilant and promptly report suspicious persons, movements or activities to the Police.
“The Command will continue to work with relevant stakeholders and members of the public to maintain peace and security across Benue State. The public will be updated as the investigation progresses,” the statement added.
News
HURIWA Calls for Probe of Adeyemi’s Govt Collaborators
Published
23 hours agoon
August 8, 2026
The Human Rights Writers Association of Nigeria (HURIWA) has dismissed the interim report of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on the controversial Presidential Foreign Intervention Promotion Council (PFIPC), alleging that its findings have raise more questions than answers.
HURIWA, National Coordinator, Comrade Emmanuel Onwubiko, in a statement, on Friday, argued that the report appeared to focus largely on alleged offences committed by one individual while failing to establish how a purportedly non-existent government agency operated within official circles for an extended period.
The organisation therefore opposed the prosecution of Prince Adeniyi Adeyemi, ICPC’ sole accused for forging documents, falsely presenting himself as Director-General of the PFIPC, creating additional agencies, opening bank accounts with forged instruments and exploiting weaknesses in government institutions.
HURIWA insisted that the alleged activities of Adeyemi could not, on their own, explain how the PFIPC acquired the appearance of an official government institution.
In HURIWA’s view, the central issue was not merely who allegedly forged documents, but how such documents were accepted and acted upon by government institutions.
It asked how a non-existent agency could acquire official legitimacy, who admitted its operators into government circles, who authorised meetings and engagements with public institutions and why elementary verification procedures failed to detect the alleged fraud.
The group also questioned how the PFIPC found its way into the 2026 Appropriation Act with a budgetary allocation running into billions of naira if it did not legally exist.
“The questions confronting Nigeria are neither difficult nor complicated,” HURIWA said.
It said there is a need to establish who processed documents linked to the agency, who ignored red flags and who enabled it to operate without challenge.
The organisation expressed concern that the ICPC’s interim findings could give the impression that the scandal was essentially the work of a lone individual.
It argued that such a conclusion would be difficult to reconcile with the scale and duration of the alleged activities, particularly given the involvement of multiple Ministries, Departments and Agencies (MDAs).
“HURIWA refuses to accept the proposition that one private citizen, acting entirely alone, successfully penetrated multiple Ministries, Departments and Agencies, operated for an extended period, secured official interactions and allegedly built an elaborate structure involving forged instruments without significant failures or possible complicity within the public service,” Onwubiko stated.
The association noted that the ICPC itself had identified weaknesses in inter-agency coordination, verification mechanisms and internal controls, arguing that such weaknesses required further investigation.
It said Nigerians deserved to know whether the failures were merely administrative lapses or whether some officials deliberately facilitated the activities of the alleged fake agency.
HURIWA was particularly critical of any recommendation for administrative sanctions against public officers whose negligence may have enabled the operation.
News
Why Alia revamped Abandoned Benue N70bn Taraku Mill After 40 Years
Published
24 hours agoon
August 8, 2026
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