Roads take up 60% of Lagos capital expenditure yearly – Sanwo-Olu

The Lagos State Governor, Babajide Sanwo-Olu stated that road construction and maintenance is 60% of the Sate’s capital expenditure every year, citing that fixing road infrastructure is important as the state has over 10,000 roads.

The Governor disclosed this in an interview with Channels TV on Sunday evening.

“Infrastructure in terms of roads is critical to us, if you take Lagos West, right now we have just awarded the old Navy town road in Ojo and other notorious heavy traffic roads,” he said.

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“Around Lagos East, we are doing similar projects at the same time, also at Lagos Central in Ikoyi, which are brand new roads with drainages everywhere. That’s what the citizens needs, we are also focusing on regional roads and also internal roads.

Lagos has over 10,000 roads, it’s huge for us, its a work in progress but we need to be very strategic, we are looking at roads that can be used for commuting and connecting communities.

We must continue fixing roads, it is always about 55-60% of our capital expenditure every year,” he added.

READ: Nigeria spends N29 trillion on recurrent (non-debt) expenditure in last 10 years

What you should know 

• Nairametrics reported earlier this year that Lagos State announced that it will increase infrastructure spending in 2021 to 60% of its budget, in a bid to repair damages inflicted by hoodlums in October following the EndSARS protests.
• Also, the National Bureau of Statistics recently revealed that Lagos State recorded the highest Internally Generated Revenue of N418.99 billion, accounting for 32.1% of the total; followed by Rivers State with N117.19 billion.