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• LASG reaffirms commitment to sustainable, resilient economic growth Lagos State Government has been urged to integrate city-based agriculture, stronger monitoring and evaluation systems, and broader social inclusion into its 2026 development agenda.     L-R:  Prof. Olufemi Shuaib of UNILAG; Lagos State Commissioner for Physical Planning and Urban Development, Dr. Oluyinka Olamide; Special Adviser on Economic Planning and Budget, Mr. Lekan Balogun; Professor of Geography with a specialization in Transportation, Logistics and Spatial Planning, UNILAG, Prof. Samuel Iyiola Oni; Dr. Amina Olohunlana of UNILAG; CEO, Chocolate City, Mr. Abuchi Peter Ugwu and the Director, Economic Intelligence Department, MEPB, Mr. Alao Akinkunmi during the third edition of the Lagos Economic Roundtable: Economic Outlook 2026 Discourse, at the Protea Hotel, CBD, Ikeja. This call was made at the Lagos Economic Outlook 2026 — a roundtable discourse, organised by the Economic Intelligence ...

Lagos State government has unveiled its biggest budget ever — N4.2 trillion for the year 2026. Governor Babajide Sanwo-Olu presented the proposal to the Lagos State House of Assembly, tagged as“Budget of Shared Prosperity.” Governor of Lagos State, Mr. Babajide Sanwo-Olu presenting the Y2026 Budget Estimates to the State House of Assembly, at the Assembly complex, Alausa, Ikeja, on Tuesday, 25 November 2025. The budget in simple terms The government says the 2026 budget focuses on four major areas: People-focused development (jobs, welfare, social support) Modern infrastructure (roads, bridges, housing, e.t.c) A stronger economy (support for small businesses, industries) Effective governance (improved service delivery) All these align with the Governor Sanwo-Olu’s T.H.E.M.E.S+ development agenda. Where Will the Money Come From? Lagos plans to fund the budget using: Projected N3.12 trillion from Internally Generated Revenue (IGR), which includes taxes, levies, and other ...