Lagos officials stress need for strong procurement in 2026 budget
Officials in Lagos State are highlighting the importance of effective public procurement for the success of the 2026 budget. Abayomi Oluyomi, Commissioner for Finance, described procurement as crucial to turning fiscal plans into real benefits for residents. The 2026 “Budget of Shared Prosperity” focuses on ensuring economic growth leads to tangible improvements. State leaders warned that poor procurement could undermine public trust and service delivery.
What we know
- Abayomi Oluyomi called procurement the “engine room” of budget delivery and warned that good plans fail without strong implementation.
- The 2026 budget aims to convert public resources into roads, schools, hospitals, and jobs for Lagosians.
- Weak planning and poor compliance in procurement could erode public trust, while transparency and efficiency can boost local enterprise and confidence in government.
- Bode Agoro highlighted that procurement is central to public sector performance and urged that planning be treated as a strategic responsibility.
- The Lagos State House of Assembly, represented by Samuel Apata, reaffirmed its commitment to strict oversight of public procurement.
