Presentation of the Year 2026 Appropriation Bill — “Budget of Renewed Hope”Ajeromi-Ifelodun Local Government

December 15, 2025

The Ajeromi-Ifelodun Legislative Chamber came alive today as the 2026 Appropriation Bill was formally presented by the Executive Chairman, Hon. Olalekan Olu Akindipe — a moment that marked yet another milestone in the renewed direction of purposeful governance and people-centered development.

Proceedings commenced with the arrival of the Leader of the House, Hon. Olayinka Samson, whose presence signaled the beginning of a historic legislative engagement. The business of the day was formally moved by the Majority Leader, Hon. Arole (Ward E), and seconded by Hon. Sumonu (Ward G), clearing the path for the presentation of the 2026 Budget.

Taking the podium, the Executive Chairman delivered a layered and insightful budget address that reflected both clarity of purpose and alignment with broader state and national development agendas.

Hon. Akindipe expressed profound appreciation to the 7th Legislative House, political leaders, technocrats, and the citizens of Ajeromi-Ifelodun for their unwavering support since the administration’s inception. He announced the proposed 2026 Budget of Renewed Hope, a financial document shaped through robust grassroots consultations and aligned with:
The THEMES Plus Agenda of His Excellency, Governor Babajide Olushola Sanwo-Olu, and The Renewed Hope Agenda of President Bola Ahmed Tinubu, GCFR.

The Chairman noted that the 2026 budget is not just a fiscal instrument but a continuation of a development pathway designed to deepen infrastructure, uplift human capital, and expand economic opportunities within the local government.

The Chairman highlighted notable achievements recorded in 2025 as a result of disciplined fiscal management and increased federal allocations made possible under President Tinubu’s administration. Key accomplishments include:
Road Infrastructure: Construction and rehabilitation works that significantly improved access routes, especially in major commercial corridors.

Health Sector: Upgrading of primary health centers, leading to reduced maternal mortality and enhanced service delivery.

Education: Renovation of classrooms and provision of learning materials, which boosted school enrollment.

Youth Empowerment: Skills acquisition programs positively impacting over 2,000 young people across the local government.

These strides, he emphasized, reflect the administration’s sincerity of purpose and its deliberate focus on strengthening the social contract with the people. The Chairman unveiled a total budget
representing 100% of the fiscal envelope for the year.
Recurrent Expenditure – (55%). This component covers essential government services across health, education, public utilities, works, environment, administration, and maintenance. Included in this figure is the salary obligation for teachers in primary schools and local government personnel totaling

Overhead Costs –

These funds ensure administrative efficiency, operations, and performance monitoring. The overhead forms part of the total recurrent expenditure.

Capital Expenditure (45%)
A robust investment dedicated to roads, schools, health facilities, water projects, and youth development. When compared directly with overhead costs, capital expenditure accounts for 56%, reflecting the administration’s commitment to tangible, life-enhancing infrastructural development.

The Chairman reaffirmed that the heart of the 2026 budget is to build enduring assets, stimulate local economic activities, and improve quality of life for residents.

Hon. Akindipe expressed gratitude for the significant improvement in federal allocations since the inauguration of President Bola Ahmed Tinubu — a boost that has enabled local governments across Lagos to accelerate development projects.

Special recognition was given to:
Prince Rabiu Adio Oluwa, GAC member and apex leader of Lagos West Senatorial District.
The G-16 leadership structure.
Chief Samuel Adeyemi (JP) – Party Chairman.
Mrs Bola Ugbo-Anite, Vice Chairman
The Council Manager, Mr. Rahman Babatunde, and the Council’s administrative team.
CDC Chairman, Alhaji Sanni and CDC Executives.
Baales from various communities.
The Babaloja and Iyaloja General of Ajeromi Market Communities.
The elders, youth leaders, stakeholders, and market associations.

He urged the legislative arm to give the budget speedy consideration to ensure uninterrupted governance and swift execution of the 2026 development agenda.

After receiving the budget, the Leader of the House assured that the Legislature will begin immediate and thorough deliberations to facilitate early passage.

The Chairman of the House Committee on Tax and Budget, Hon. Arole, offered the closing prayer.
Hon. Babalola (Ward D) moved the motion for adjournment to the 16th of December 2025, seconded by Hon. Busola (Ward F).

The Executive Chairman entered the chamber at exactly 11:24 AM, accompanied by an impressive roll call of dignitaries including:
Prince Rabiu Adio Oluwa, GAC member, apex leader of Lagos West Senatorial District, and titan of Ajeromi-Ifelodun politics — joined by his ever-graceful wife, Yeye Ireti Oluwa.

His Royal Majesty, Oba Moruf Atanda Oluwa (AMORE III), Olu of Iwa and Apapa Kingdom.

Party Chairman, Chief Samuel Adeyemi (JP).

Former Executive Chairman, Hon. Fatai Adekunle Ayoola.

The G-16 leadership caucus.

The Vice-Chairman, Mrs Bola Ugbo-Anite

The Council Manager, Mr. Rahman Babatunde, and the administrative management team.

CDC Chairman, Alhaji Sanni, and the entire CDC executives.

Traditional rulers, market leaders, baales, the Babaloja and Iyaloja General, and a broad spectrum of community stakeholders.

The ceremony ended on a note of optimism, unity, and shared commitment toward a greater Ajeromi-Ifelodun.

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