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Budget Review Gets Transparency Boost Following Obasa’s Call for Vigilance

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Lagos Speaker Obasa stresses budget review transparency, urging lawmakers to scrutinise the 2026 appropriation bill with diligence and accountability

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Speaker of the Lagos State House of Assembly, Rt Hon Mudashiru Obasa, has urged lawmakers to place budget review transparency at the heart of their scrutiny of the 2026 appropriation bill recently presented by Governor Babajide Sanwo-Olu.

Also readMudashiru Obasa Earns Praise from Ayo Mojoyin on Birthday

He made the call during a three-day budget retreat at the Park Inn by Radisson in Abeokuta, where members gathered to examine the proposal with renewed commitment.

The retreat, held from 26 to 28 November, centred on the theme Budget of Shared Prosperity: Enhancing Accountability and Transparency in Lagos State Budget Process.

It brought together all lawmakers, select legislative staff and senior aides to deepen understanding of key fiscal issues while strengthening the Assembly’s role in shaping a people-centred budget.

Obasa told participants that the governor had done “an incredibly thorough job” in preparing the proposal, but reminded them that the Assembly must ensure that the allocation of public funds aligns with the needs and aspirations of Lagos residents.

He emphasised that their responsibility required efficiency, empathy and unwavering conviction, noting that credibility is earned through consistent transparency.

He warned legislators against overlooking irregularities or yielding to undue influence, stressing that consequences would ultimately return to their constituencies.

He said that effective oversight would curb waste and demonstrate that lawmakers serve with integrity. His words carried a powerful reminder that public trust can only be sustained through honest, diligent scrutiny.

The retreat also aimed to speed up the review process while equipping lawmakers with deeper analytical tools.

Speaker Obasa insisted that the state’s finances must always be managed with the public good in mind, describing the budget as a shared opportunity to reinforce Lagos’ development trajectory.

Expert facilitators delivered practical insights into fiscal planning, tax reforms and strategic oversight. Mr Olufemi Orojimi, Director of Budget at the Ministry of Economic Planning and Budget, analysed the 2026 strategy in the context of the 2025 performance.

Dr Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprise, examined the Medium Term Expenditure Framework and the Assembly’s crucial oversight role.

Yomi Olugbenro, West Africa Tax Leader at Deloitte, explained legislative responsibilities within Nigeria’s evolving tax landscape with remarkable clarity.

Other speakers included Muhammad Sani Abdullahi of the Senate Public Accounts Committee; Olusegun Mojeed, former CIPM Nigeria president; and Ifeanyi Peter, National Team Leader for the Partnership for Agile Governance and Climate Engagement.

Also readMudashiru Obasa Assures APC Members of Continued Support

Their contributions strengthened the Assembly’s readiness to deliver a thorough, transparent and timely review of the 2026 Appropriation Bill—an effort Obasa described as vital to sustaining shared prosperity across Lagos.

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Economy

Lawal Strengthens Zamfara Judiciary With ₦600m Support

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The governor distributed official vehicles to judicial officers and said about 90 per cent of court rehabilitation projects across the state had been completed

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Jubril Tinubu Links Strong Corporate Governance to African Growth

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The Oando chief says transparency and stronger institutions are essential for African businesses seeking long-term international capital

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Governor Dauda Lawal Join VP Shettima’s Delegation to Benin Republic, Seeks Industrial Model to Boost Zamfara’s Agric Zones

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Zamfara State Governor Dauda Lawal has described the Glo-Djigbé Industrial Zone (GDIZ) as a practical blueprint for transforming Zamfara state’s agricultural sector, as he joined Vice President of Nigeria, Senator Kashim Shettima and five other governors on a working visit to the Benin Republic industrial hub on Friday.

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The delegation toured the 1,640-hectare public-private industrial platform, inspecting integrated textile and agro-processing facilities where locally produced cotton is converted into yarn, fabric and finished garments while cashew and soybean are processed for domestic and export markets. GDIZ, developed by the Beninese government and ARISE Integrated Industrial Platforms, has created more than 25,000 jobs since production began in 2021.

For Governor Lawal, who presides over an agrarian state with vast arable land and a strong comparative advantage in crop production, the visit presented an opportunity to draw direct lessons for Zamfara’s agricultural transformation agenda.

“Zamfara holds a strong comparative advantage in agriculture. We grow all crops in the state, we are not limited to soybeans. We have the land and it is fertile,” Governor Lawal had told global investors at the Africa Investment Forum in Morocco last November, where he signed a strategic Memorandum of Understanding with the Ministry of Finance Incorporated (MOFI) to drive large-scale agricultural transformation under the INTEGRANIUM Initiative.

The GDIZ visit is aimed at strengthening the implementation of Nigeria’s Special Agro-Industrial Processing Zones Programme, drawing practical lessons from Benin’s approach to agricultural value addition, industrial infrastructure, investment mobilisation and export-oriented production. Particular attention was given to the textile park’s integrated production system covering cotton spinning, weaving, fabric processing and garment manufacturing. Governor Lawal believes that Zamfara State can benefit from the $370 billion worth of global cotton valuation by ensuring Zamfara grows more cotton and can also lead the charge by reviving moribund textile manufacturing hubs and value chain which could generate millions of jobs, expand non-oil exports and stimulate economic activities.

Governor Lawal’s participation in the delegation aligns with Zamfara’s recently launched 10-year Development Plan (2025–2034), which envisions the state becoming “a benchmark for transformative economic growth, not merely for Nigeria, but the continent of Africa”. The plan prioritises maximising Zamfara’s agricultural and natural resource strengths through partnerships, mechanised farming, agro-processing and value chains to create jobs, improve food security and reduce poverty-driven insecurity.

Governor Lawal was also in company of other state Governors like; Hope Uzodimma (Imo), Caleb Mutfwang (Plateau), AbdulRahman AbdulRazaq (Kwara), Dikko Radda (Katsina), and Umar Namadi (Jigawa). The visit is expected to inform the development of garment-training facilities and dedicated processing infrastructure near agricultural production communities across Nigeria.

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