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Obasa Unveils N14.88bn ‘Restoration, Innovation and Development’ Budget for 2026

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The Chairman of Agege Local Government, Abdul-Ganiyu Vinod Obasa, has presented a proposed budget of N14.88 billion for the 2026 fiscal year, describing it as the Budget of Restoration, Innovation and Development.

Obasa explained that the council’s projected revenue would be driven largely by federal allocations totalling N14.57 billion. This includes N2.08 billion from statutory allocation, N12.14 billion from VAT, and N355.29 million from other FAAC-related sources. Internally Generated Revenue is expected to contribute N306.8 million.

He noted that the expenditure framework is balanced at N14.88 billion, with recurrent spending set at N8.23 billion. This covers personnel costs of N2.95 billion, pension obligations of N503.46 million, and overheads amounting to N4.77 billion. Capital expenditure is projected at N6.65 billion.

Unveiling the focus of the fiscal plan, Obasa said the 2026 budget rests on three pillars: restoring public infrastructure, deepening innovation in governance and service delivery, and promoting sustainable, inclusive development across all seven wards of the council.

Key capital projects for the year include major road rehabilitation and construction, expanded drainage systems, improved street lighting, modernization of public facilities, upgrades to school infrastructure, enhanced healthcare facilities, and heightened environmental sanitation and beautification initiatives.

The chairman added that education, healthcare, infrastructure, environmental management, youth and women empowerment, and social welfare would remain central to policy implementation.

Reviewing the outgoing year, Obasa highlighted notable achievements such as the construction and rehabilitation of strategic roads in Agege and Dopemu, extensive drainage works to reduce flooding, renovation of several public primary schools, and the establishment of a tech hub, e-library, and multiple vocational centres. The council also executed landscaping projects across major routes.

He further listed key environmental and health interventions, including the recruitment of 300 street sweepers, acquisition of refuse compactors, community sanitation drives, provision of vaccine storage equipment, deployment of digital health tools, sustained community health outreach programmes, and health insurance coverage for vulnerable pregnant women.

Mike Ojo

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