States And LG Revenues Don Blow Up Under Tinubu – Sanwo-Olu

Lagos State Governor Babajide Sanwo-Olu don talk say under President Bola Tinubu, no state governor or local government chairman fit complain say dem no get money, because federal allocations don sharply increase to boost development. Sanwo-Olu yarn dis one on Tuesday during one-day public lecture by Arewa Think Tank for Arewa House, Kaduna, to mark Nigeria 65th Independence Anniversary. Di lecture wey get theme “65th Year of Nigeria’s Independence: Di Journey So Far with di Renewed Hope Agenda in View” gather political leaders, academics, youth groups, and development stakeholders to review nation progress under Tinubu’s Renewed Hope Agenda. Di governor hail Nigerians for resilience and optimism, and talk say Tinubu’s fiscal reforms don transform states and local councils financial outlook.

Sanwo-Olu talk say between 2023 and 2024, state allocations rise 62% while local governments rise 47%, and dem also reduce FG VAT share from 15% to 10%, giving states 55% and LGs 35%. E hail Tinubu for pushing local government financial autonomy, and FG recent Supreme Court win wey secure independence for councils. Di governor reveal say Tinubu next big reform na create state police to tackle insecurity, quoting Tinubu say, “We go defeat insecurity.” E describe Renewed Hope Agenda as bridge-building framework wey unite Nigeria through equity, reform, and growth. Sanwo-Olu also remind Nigerians to learn from founding fathers like Sir Ahmadu Bello, stressing say development must be homegrown, and Lagos State go continue to partner FG to advance di agenda.