Labour Party questions Ogun’s 2026 budget, calls for fiscal caution
The Ogun State chapter of the Labour Party has raised concerns about Governor Dapo Abiodun’s proposed ₦1.68 trillion budget for 2026, calling it unsustainable. The party’s South-West Vice-Chairman, Abayomi Arabambi, made these remarks during the inauguration of new state executives on June 4, 2025. He urged the government to adopt a more realistic and transparent approach to budgeting. Despite its criticism of the state government, the Labour Party reaffirmed its support for President Bola Tinubu’s 2027 re-election bid.
Key takeaways
- The Labour Party described the ₦1.68 trillion 2026 budget as excessive and potentially risky for Ogun State’s long-term economic stability.
- Abayomi Arabambi called for a conservative financing plan and independent assessment of all proposed projects.
- The party pledged to contest all elective positions in Ogun State in 2027 and ruled out alliances with other political parties.
- Despite opposing the state government, the Labour Party said it would back Bola Tinubu for president in 2027.
- The Ogun State government has not yet responded to the Labour Party’s criticisms as of June 5, 2025.
