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Sanwo-Olu says ₦4.4trn 2026 budget for prosperity of Lagos residents

The Lagos State House of Assembly had earlier passed the budget, tagged the “Budget of Shared Prosperity,” in January, approving the appropriation of ₦4,444,509,776,438 for the 2026 fiscal year.

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Lagos State Governor, Babajide Sanwo-Olu, on Monday, signed the ₦4.4 trillion 2026 Appropriation Bill into law.

The Lagos State House of Assembly had earlier passed the budget, tagged the “Budget of Shared Prosperity,” in January, approving the appropriation of ₦4,444,509,776,438 for the 2026 fiscal year.

Sanwo-Olu said that the budget was designed to drive inclusive growth and improve the welfare of residents.

“Our mission remains clear: to build a Lagos that works for all, adding that his administration’s vision is to deliver a Greater Lagos where shared prosperity is a tangible reality.

Sanwo-Olu emphasised that the budget is anchored on four key pillars—human-centred development, modern infrastructure, a thriving economy, and effective governance—in line with the state’s T.H.E.M.E.S+ Agenda.

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COLLAPSE BUILDING UPDATE: Rescue Operation Underway at Satellite Town Building Collapse Site (Images)

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The Lagos State Fire and Rescue Service received a distress call at 11:37 hours regarding a building collapse incident at Old Ojo Road, by Alakija Bus Stop, off the Lagos-Badagry Expressway, Satellite Town, Lagos.

Emergency responders from the Ijegun-Egba Fire Station were immediately mobilized and arrived at the scene at 11:49 hours.

The incident involves the collapse of a storey building, an existing residential structure occupied by multiple residents at the time of the incident.

As of the time of this report, 10 persons have been rescued alive with varying degrees of injuries and have been handed over to medical personnel for necessary treatment.

Search and rescue operations remain ongoing as emergency responders continue efforts to locate, extricate, and evacuate any persons who may still be trapped beneath the debris.

Agencies currently participating in the coordinated rescue operation include:

  • Lagos State Fire and Rescue Service
  • Federal Fire Service
  • Nigeria Police Force
  • Nigerian Navy
  • Lagos Neighbourhood Safety Corps (LNSC)
  • Nigerian Red Cross Society

Further updates will be provided as the rescue operation progresses.

INCIDENT UPDATE

Lagos State Emergency Management Agency (LASEMA) has activated its emergency response following the collapse of a three-storey shopping complex at Alakija in the Ori-Ade Local Council Development Area (LCDA).

A multi-agency rescue operation is currently underway, with emergency responders conducting systematic searches to locate and extricate any individuals still trapped under the rubble.

Latest Developments:

  • Two victims have been successfully rescued alive through coordinated efforts by LASEMA, LASBCA, and CRCC Construction Company.
  • One deceased adult male has been recovered from the site, with recovery efforts ongoing.
  • Reports indicate that additional persons, including shop owners who had resumed business activities, may remain trapped beneath the debris.
  • Heavy-duty equipment, including an excavator, has been deployed to aid the ongoing search and rescue operations.

Members of the public have been urged to remain calm, steer clear of the incident scene, and grant emergency responders unhindered access to the area to facilitate life-saving efforts.

LASEMA will continue to issue verified updates as the rescue operation progresses.

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Many Trapped as Two-Storey Building Collapses in Lagos

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Panic gripped residents of Oyingbo area in Lagos Mainland on Monday as a two-storey building collapsed in the early hours, leaving many occupants feared trapped under the rubble.

The incident occurred on Cote Street, where the building gave way suddenly, trapping an unknown number of residents inside. Emergency responders from the National Emergency Management Agency (NEMA), Lagos State Emergency Management Agency (LASEMA), police, and Lagos State Fire Service rushed to the scene and are currently conducting intense search and rescue operations.

According to officials, at least 15 persons have so far been rescued with varying degrees of injuries and rushed to nearby hospitals, including the Federal Medical Centre, Ebute Meta, and the General Hospital, Odan, on Lagos Island. However, many more are still feared trapped as rescue efforts continue.

“This is an ongoing rescue involving a two-storey building previously identified as distressed before collapsing on its occupants,” an official statement noted.

Eyewitnesses described hearing a loud crash in the early morning, followed by screams from those inside the structure. Search teams are using heavy equipment to clear debris while carefully looking for survivors.

Lagos has a history of building collapses, often attributed to substandard construction, poor enforcement of building regulations, and aging structures. Authorities have promised a thorough investigation into the cause of this latest incident.

Residents in the area have been urged to stay away from the site to allow emergency workers unimpeded access as operations remain active. Updates on the number of trapped individuals and possible casualties are expected as rescue efforts progress.

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One Dead, Seven Injured as Truck Rams into APC Campaign Procession in Osun

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Tragedy struck on Wednesday during a street campaign procession organised by the All Progressives Congress (APC) in support of its governorship candidate, Bola Oyebamiji, ahead of the August 15 Osun governorship election.

One person, identified as AbdulRasaq Ahmed, was killed while seven others sustained injuries when a truck rammed into the campaigners in the Oke Gada area of Ede.

According to Remi Omowaiye, Chairman of the Media and Publicity Committee of the Asiwaju Munirudeen Bola Oyebamiji Campaign Committee, the victims were part of a mobilisation effort when the accident occurred.

“One person was killed in the accident. Seven others were injured, but one out of the seven was critically injured,” Omowaiye said. The injured are receiving treatment at private hospitals in Ofatedo and Ede.

Eyewitnesses reported that the truck appeared to lose control before ploughing into the procession. Authorities have launched an investigation into the incident.

The APC has expressed condolences to the family of the deceased and wished the injured a speedy recovery as the party continues its campaign activities in the state.

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