Politics
Obasa Lists 3 Major Areas Lagos 2023 Budget Must Address
Obasa Lists 3 Major Areas Lagos 2023 Budget Must Address
– As Governor presents N1,692,671tn Appropriation Bill
– Speaker says Asiwaju has capacity to make Nigeria great again
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, on Thursday received the 2023 budget proposal of N1,692,671tn from Governor Babajide Sanwo-Olu stressing that the Bill should address three areas for the benefit of the residents of the State.
The budget is with a capital to recurrent ratio of 55:45 percent.
Dr. Obasa, who noted some of the challenges currently facing Nigeria and its citizens, told Governor Sanwo-Olu: “The Year 2023 budget of Lagos should have more human face, be targeted at reducing poverty and improving the welfare of the residents of the State as part of the THEMES agenda that guides this administration.”
The Speaker said that though the Lagos Government had achieved a lot in its effort to improve the development of the State, it should constantly be conscious that the residents yearn for more dividends of democracy.
Obasa stressed the need for the Federal Government to approve the allocation of one percent special status for Lagos considering its population and the constant influx of people to the State.
Noting that this was the last budget to be presented by the current administration before the 2023 election, Obasa promised that the House would carry out its constitutional duty of scrutinising the proposal for the benefit of the residents of State.
“There is, therefore, no doubt that in the remaining months leading to the end of this administration, so much more needs to be done; so much is still needed from us as the good people of Lagos yearn for more dividends of democracy, especially at this critical time,” he said while promising that the House would continue to support the Executive arm of Government to achieve a better, safer society.
The Speaker also urged Nigerians to vote for the candidates of the All Progressives Congress both at the State and the national levels as he described the Presidential candidate of the party, Asiwaju Bola Tinubu, as one who has the capacity to make Nigeria great again.
Read Speaker Obasa’s full remarks below:
REMARKS BY RT HON. (DR) MUDASHIRU AJAYI OBASA, SPEAKER, LAGOS STATE HOUSE OF ASSEMBLY, AT THE PRESENTATION OF THE Y2023 BUDGET, THEMED: BUDGET OF CONTINUITY, BY MR BABAJIDE OLUSOLA SANWO-OLU, GOVERNOR, LAGOS STATE, AT THE ASSEMBLY’S HALLOWED CHAMBER ON THURSDAY, OCTOBER 27, 2022.
Ladies and gentlemen,
1. It is with great joy that I heartily welcome you, on behalf of my colleagues and dedicated staff, to the hallowed chamber of the Lagos State House of Assembly, a legislative arm of government that prides itself as ‘above the common standard of excellence’.
2. Today’s formal presentation of the Year 2023 budget by Mr. Babajide Sanwo-Olu, the very hardworking Governor of Lagos State, signposts another positive chapter in the beautiful history of our State, her progress and development. For this and every other privilege we have had, it will only be wise to give all praise and adoration to the Almighty Allah, the giver and taker of life, the One who reverses the irreversible.
3. Around this time last year, Mr. Governor was here to present the Year 2022 budget themed: BUDGET OF CONSOLIDATION with detailed plans for the current year which is about to end. As we gather here, we have all witnessed the outstanding performance of the budget as regards infrastructural renewal and wealth creation. We can testify that Lagos is truly working.
4. Today, we have come together again to fulfill the requirement stipulated in Section 121 (1) of the 1999 Constitution (as amended) which intendment is to deepen democracy, strengthen democratic institutions and create a society that is not only habitable, but which provides a pride of place for its residents.
5. Dear Lagosians, Mr. Babajide Sanwo-Olu, our Governor, has given us details of how the Government of Lagos intends to utilize the State’s wealth to further boost the development of the State. It is noteworthy that the Year 2023 ‘BUDGET OF CONTINUITY with a size of N1,692.671bn is the last to be presented by this administration as we move towards electioneering and the ushering into existence of a new dispensation next year by the special grace of God.
6. There is, therefore, no doubt that in the remaining months leading to the end of this administration, so much more needs to be done; so much is still needed from us as the good people of Lagos yearn for more dividends of democracy, especially at this critical time.
7. Mr. Governor, permit me to applaud your astuteness, courage, forthrightness and determined spirit for service. The result of true governance geared towards the smart city dream for Lagos reflects in many parts of State. Impressively, Lagos State has continued to thrive with the Government focusing on needed infrastructure including schools, bridges and hospitals. The Imota Rice Mill as well as the Lagos Film City projects are sure to stand our State out in the near future.
8. At our own end, we have passed a number of bills and resolutions that have greatly promoted economic and social development of the state. Our legislative activities have continued to standardise governance and legal procedures, protect peoples’ rights and encourage enterprise and investments in the state, since the last budget presentation by the Governor.
9. Ladies and gentlemen, Lagos, being the Centre of Excellence, is home to millions of Nigerian citizens. Each day, the State experiences an influx of people who come with the hope of having the opportunity to eke out a living. The State has sustained this attraction because it continues to enjoy good leadership. Lagos accounts for about 20% of the national Gross Domestic Product and about 10% of the nation’s population.
10. This is not, however, to gloss over the impact of such massive movement of people to Lagos State. The result is evident in the State’s infrastructures that are consistently overstretched, thus requiring constant attention. This is the reason why we continue to agitate for allocation of one percent special status for Lagos State.
11. Distinguished guests, exercises of this nature have raised our consciousness about economic situations and reactions to events and activities both nationally and globally. All the economic indices at home and abroad indicate that all is not well. These unfavourable variables are due to both human actions and natural occurrences.
12. The world still battles the aftermath of COVID-19 which ravaged the globe without the exception of Nigeria, particularly Lagos, our State. Its effect are still very glaring.
13. Furthermore, the life threatening effects of climate change have become apparent in the rate of flooding experienced across parts of the world leading to the destruction of farmlands and agricultural produce thus causing food shortages and hunger. Nigeria is also currently having its unpalatable share.
14. The effect of the unnecessary war between Russia and Ukraine that has resulted in astronomical surge in the price of energy across Europe and affecting standard of living and employment has also crept into the Nigerian economy. Over here, the impact is seen in the reduced direct remittances from diaspora and in direct foreign investments.
15. Beyond these global challenges, telltale signs of local issues including insecurity in many parts of the country and unemployment are noticeable in Nigeria’s rising inflation rate which has, in turn, caused skyrocketing prices of food and other commodities. The Consumer Price Index (CPI) report released recently by the National Bureau of Statistics (NBS) shows that inflation rose by 20.8% in September, this year. While this most recent figure is up from 20.52% recorded in August, the result is that it further digs into the pockets of the citizens. This affects their purchasing power.
16. While it is the constitutional responsibility of this House of Assembly to do the needful by meticulously working on the budget as presented by Mr. Governor, I want to assure Lagosians that members of this Honourable House will give a thought to the challenges so far highlighted as well as other considerations in the process of shapening the proposal to meet the aspirations of the people.
17. The Year 2023 budget of Lagos should have more human face, be targeted at reducing poverty and improving the welfare of the residents of the State as part of the THEMES agenda that guides this administration.
18. We will also, as usual, continue to give the needed support to you, our dear Governor, as we all match ahead to solidify the achievements gained since 2019 when you took the reins of government.
19. As I begin to round off my remarks, I want to urge you, dear Lagosians, to keep in mind the need to elect only candidates of the ruling All Progressives Congress (APC) in the House of Assembly, Governorship, House of Representatives, Senatorial and Presidential elections. No doubt, Lagos is a ‘Star State’ because it has enjoyed consistency in governance beginning from the administration of Asiwaju Bola Ahmed Tinubu, our National Leader and by the grace of Almighty Allah, President of the country by 2023.
20. I also want to appeal to members of our great party in Lagos, Nigeria and in the diaspora to keep the tempo high by engaging Nigerians with Asiwaju Tinubu’s plan for a better country. Nigeria will be great again. And our collective hope should be on the APC presidential candidate, who understands what Nigeria needs at this time.
21. To all our party leaders, particularly the GAC members, we must continue in our determination and focus to keep Lagos strong and healthy enough for us. I am confident that we will continue to win in every situation and in the coming election.
22. We all know that our National Leader is an easy sell as his footprints of achievements remain indelible in Lagos. Today, our State enjoys an Internally Generated Revenue of N51 billion from the paltry N600 million it earned in 1999. This was the result of the various economic policies initiated by Asiwaju Tinubu while he was Governor. That aside, his education and health policies were the best of the period and are still being referenced till date.
23. Once again, I thank you all for coming and wish us a fruitful Year 2023.
Igbega Ipinle Eko, ajumose gbogbo wa ni.
Rt. Hon Mudashiru Ajayi Obasa
Speaker, Lagos State House of Assembly
Politics
A Nation Betrayed: How NASS Budget Padding Exposes Tinubu’s Complicity and the Rot in Nigeria’s Leadership. By George Omagbemi Sylvester
A Nation Betrayed: How NASS Budget Padding Exposes Tinubu’s Complicity and the Rot in Nigeria’s Leadership.
By George Omagbemi Sylvester
In a disturbing revelation that should outrage every patriotic Nigerian, civic-tech organization BudgIT has uncovered a monumental financial scandal in the 2025 budget, one that shatters every illusion of fiscal responsibility under the Bola Ahmed Tinubu administration. According to BudgIT’s damning analysis, the National Assembly padded the 2025 Appropriation Act by inserting 11,122 projects worth a staggering ₦6.93 trillion, projects not proposed by any Ministries, Departments or Agencies (MDAs), but smuggled in by lawmakers.
This is not a clerical oversight, but a calculated and treacherous move. More importantly, this raises one inescapable question: Why did President Bola Tinubu sign this fraudulent budget into law if he was genuinely against it? The answer is simple, brutal and damning: because he is part of the collaboration. This is not just corruption, it is institutional betrayal. It is the final confirmation that the war in Nigeria is not between political parties but between the corrupt elite and the suffering Nigerian masses.
The Anatomy of Budget Padding
Let us first understand the scale of this treachery. The 2025 national budget, totalling ₦28.7 trillion, now has nearly 25% padded content, courtesy of lawmakers’ “constituency projects.” These are not national priorities or economically strategic programs. These are politically motivated insertions designed to enrich contractors linked to lawmakers, reward political loyalty and in some cases, simply launder money.
BudgIT revealed that several of these projects are duplicated, vague, inflated or outrightly useless, such as the procurement of hundreds of boreholes and solar streetlights in areas that do not even have roads, schools or hospitals. These are not investments; they are tools of financial cannibalism.
A similar trend happened in previous years, but never on this scale. In 2021, former President Buhari complained that the National Assembly inserted over 1,000 projects worth ₦150 billion. Now, under Tinubu, that figure has ballooned to ₦6.93 trillion; which is nearly forty-six times higher. This is not reform. This is regression at gunpoint.
Tinubu’s Silence is Complicity
To sign such a budget, fully aware of its fraudulent padding, is not a mistake, this is an endorsement. President Tinubu, known for his political astuteness and Machiavellian tactics, cannot claim ignorance. BudgIT’s report was based on public records. If civic groups could uncover this, then surely the Office of the President, with all its resources, was also aware.
Yet, Tinubu raised no alarm. He signed it into law. Why?
Because the padding was politically convenient. This budget is not just a fiscal document, it is a loyalty purchase agreement. As the APC seeks to consolidate power ahead of 2027, especially in light of its underwhelming performance, it is using state resources to bribe lawmakers across party lines. These padded projects are political IOUs for securing second-term endorsements and collapsing opposition platforms.
This is not democratic governance. This is budgetary banditry, orchestrated under the guise of legislative “oversight.”
The Cost to the People
While the so-called leaders gorge themselves on fake projects and fraudulent allocations, ordinary Nigerians are gasping for breath. Inflation is above 33%, food inflation is at 40%, unemployment remains sky-high and naira continues to hemorrhage value, trading at nearly ₦1,500 to the dollar. Meanwhile, the masses are told to “tighten their belts” while the political elite expands theirs.
Public infrastructure is collapsing. Schools remain underfunded, hospitals are glorified mortuaries and insecurity has become a permanent fixture. Yet ₦6.93 trillion enough to build 20 world-class universities or electrify entire regions has been carved out as a political slush fund.
Dr. Obiageli Ezekwesili, former Minister of Education and former Vice President of the World Bank for Africa, once noted, “The problem with Nigeria is not lack of resources. It is the deliberate theft of the commonwealth by a few.” That is exactly what this budget represents: a theft of historic proportions, blessed by the presidency, executed by lawmakers and paid for by the blood and sweat of ordinary Nigerians.
A Nation Held Hostage
The fundamental betrayal here is not just the money. It is the normalization of impunity. Nigeria has become a hostage state where lawmakers legislate for themselves, the executive protects the corrupt and the judiciary often dances to the tune of power. The 2025 budget saga is not just another scandal, it is a window into how deeply broken the Nigerian state has become.
Even worse is the sheer arrogance with which this fraud is being executed. No lawmaker has denied BudgIT’s report. No investigation has been ordered. The Presidency has remained silent and the APC, whose manifesto once promised “fiscal discipline,” has said nothing.
Silence is not just death anymore, it is endorsement. Every day this padded budget stands unchallenged, democracy dies a little more.
Calls for Action
This cannot be allowed to stand. Civil society must rise. Journalists must demand answers. Every Nigerian must understand that this is not politics this is plunder. The 2025 budget must be reviewed, the padded projects must be removed and those responsible must face prosecution.
Section 81(1) of the Nigerian Constitution empowers the President to prepare and lay before the National Assembly an annual budget. However, it also states in Section 80(4) that “no moneys shall be withdrawn from any public fund other than in the manner prescribed by the National Assembly.” This legal ambiguity has been weaponized by both the legislature and the executive to enrich themselves while the nation bleeds.
This is where the people must draw the line. Budget padding is not just bad governance, it is treason against the Nigerian people. Those who participate in it, approve it or benefit from it must be named, shamed and prosecuted.
Final Thoughts: Time for a Revolution of Accountability
The time for timid reform is over. Nigeria needs a revolution not of guns, but of accountability, transparency and civic outrage. If the President will not fight corruption, then the people must. If lawmakers will not serve the people, they must be voted out even if it means starting from scratch.
History will not be kind to the collaborators of this budget. And neither should we.
As Martin Luther King Jr. once said, “Our lives begin to end the day we become silent about things that matter.” The 2025 budget scandal matters. It is a defining moment in the fight for Nigeria’s soul. And we must not remain silent.
One Voice, One Future: Youth Power for a New Nigeria
By George Omagbemi Sylvester
In the history of nations, there always comes a defining moment when the youth must rise to rescue their future from the grip of complacency, corruption and systemic decay. That moment, for Nigeria, is now. The clarion call is no longer a whisper in the dark, it is a deafening roar echoing across the cities and villages, the streets and campuses and the diaspora. 2027 is not just another election year; it is a generation’s opportunity to reclaim its destiny.
Nigeria, once hailed as the Giant of Africa, is now crawling under the weight of failed leadership, nepotism, economic collapse and insecurity. Over 70% of Nigeria’s population is under the age of 35, this is not a mere statistic; it is a superpower waiting to be activated. Yet, for decades, the same recycled leadership has ruled the country like a private estate, while the youth are sidelined, patronized or pacified with empty slogans.
The Reality: A Nation Betrayed
The facts are brutal and undeniable. According to the National Bureau of Statistics (NBS), as of the fourth quarter of 2024, youth unemployment stood at 42.5%, one of the highest rates globally. Thousands of graduates are turned out yearly into a job market that has nothing to offer them. Our educational institutions are underfunded, with lecturers going on endless strikes, while billions of naira are siphoned into the offshore accounts of corrupt politicians.
The World Bank states that over 40% of Nigerians live below the poverty line, with youth bearing the brunt of the economic despair. The same youth are used during elections as pawns, thugs, online propagandists and cheerleaders for politicians who have never and will never fight for their future.
We must say: “Enough is Enough.”
The Power of Youth: A Sleeping Giant
Across Africa, the story is changing. Youth-led movements are challenging old orders and shaking the foundations of outdated governance systems.
In Uganda, Bobi Wine, a musician turned politician, galvanized millions of youth to challenge President Museveni’s long-standing dictatorship. While he didn’t win the election, he ignited a flame of hope. In Sudan, youth were at the center of the 2019 revolution that ousted the 30-year regime of Omar al-Bashir.
As Nelson Mandela once said, “Youth of today are the leaders of tomorrow.” But as things stand in Nigeria, tomorrow never seems to come, unless we seize it.
In 2020, during the #EndSARS movement, we saw a glimpse of what a united, tech savvy and courageous Nigerian youth can achieve. For once, the world stood still as Nigerian youth organized without a central leadership structure, crowd funded, coordinated logistics, engaged in civic education and peacefully demanded justice. Despite the violent crackdown at Lekki Tollgate, the spirit of resistance lives on.
2027: The Youth Mandate
If we are serious about change, then 2027 must be our electoral revolution. Not through violence, but through strategic mobilization, political education, voter registration and active participation in the democratic process.
Let us be clear: the days of apathy are over. As the African proverb goes, “He who is not part of the solution is part of the problem.”
Youth must no longer be mere spectators or online critics; we must become candidates, campaigners, policy drafters, party leaders, election monitors and political donors. Our demographic power must translate into voting power and our voting power must produce accountable leadership.
According to INEC, less than 35% of youth eligible to vote actually did so in the 2023 elections. This is a travesty. With over 90 million Nigerians under 40, if even 50% of us vote smartly and strategically in 2027, we can turn the tide.
Towards a National Youth Alliance
What we need now is not another party, we need a movement, a coalition, a National Youth Alliance that transcends ethnicity, religion and class.
A youth amalgamation that brings together student unions, tech entrepreneurs, young professionals, artisans, artists, athletes, activists and influencers. A youth vanguard that builds structures, fields candidates, protects votes and holds leaders accountable.
We must engage in issue based politics, not stomach infrastructure or tribal loyalties. The youth must demand answers to the questions that matter:
“Why are over 10 million Nigerian children out of school?”
“Why does Nigeria remain the poverty capital of the world, according to the Brookings Institution?”
“Why is our minimum wage ₦70,000 when a bag of rice is over ₦70,000?”
“Why are lawmakers earning ₦30 million monthly while civil servants are owed arrears?”
The late Thomas Sankara, Burkina Faso’s revolutionary leader, once said, “You cannot carry out fundamental change without a certain amount of madness.” We need a bit of that madness, the madness to challenge the status quo, to think differently and to act boldly.
From Hashtags to Ballot Boxes
It is not enough to trend on Twitter or rant on TikTok, social media is powerful, yes I agree, but it is not a substitute for civic engagement; we need to bridge the gap between online activism and offline results.
Youths must start at the grassroots to win local government seats, state assemblies and build a pipeline of leadership that is tested and accountable. The #NotTooYoungToRun Act must not be a symbolic victory; it must be a political weapon in our hands.
Let us support credible youth candidates with our time, resources and platforms. Let us organize town hall meetings, debates and policy hackathons. Let us raise funds, build apps to track campaign promises and expose corrupt leaders.
As Chimamanda Ngozi Adichie said, “When we refuse to engage in politics, we end up being governed by our inferiors.”
Time for Tangible Action
It is time for each Nigerian youth to ask themselves: What am I doing today to secure my tomorrow? Are we registering to vote? Are we sensitizing our peers? Are we demanding better governance at the community level?
We must begin to think long term, beyond 2027. The goal is not just to elect a few fresh faces. The goal is to build a sustainable youth-driven democratic culture where excellence not ethnicity, becomes the metric of leadership.
Let us stop romanticizing suffering. Nigeria has the talent, the resources and the manpower to be great. What we lack is visionary leadership and that is what we must now provide.
Final Words: A Movement, not a Moment
This is a movement, not a moment. It will require sacrifice, unity and strategy. There will be obstacles, betrayals and frustrations. But we must remain focused.
As the Pan-Africanist Kwame Nkrumah declared: “The independence of Ghana is meaningless unless it is linked up with the total liberation of Africa.” Likewise, any victory in 2027 will be meaningless unless it sets off a chain reaction of liberation, innovation and transformation across all levels of Nigerian society.
So, dear patriotic Nigerian youth; RISE! This is your time… Your country needs you more than ever.
Don’t wait for change, be the change.
Together, we can make a difference.
#YouthFor2027 #NationalAllianceNow #SecureTheFuture #NigeriaDeservesBetter
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