By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Folio PostThe Folio PostThe Folio Post
Notification Show More
Font ResizerAa
  • Home
  • News
  • Politics
  • Health
  • Crime
  • Education
  • Sports
  • Entertainment
  • Press Release
  • Join Us
Reading: Lagos Assembly Sets Aside ₦6.2bn for Lawmakers’ Housing
Share
Font ResizerAa
The Folio PostThe Folio Post
Search
  • Home
  • News
  • Politics
  • Health
  • Crime
  • Education
  • Sports
  • Entertainment
  • Press Release
  • Join Us
Have an existing account? Sign In
Follow US
All rightṡ Reserved - Copyright: © 2025 TheFolioPost - Developed by ICS
News

Lagos Assembly Sets Aside ₦6.2bn for Lawmakers’ Housing

Last updated: September 9, 2025 12:44 am
Amarachi Ada
September 9, 2025
4 Views
Share
3 Min Read
Lagos State House of Assembly
Lagos State House of Assembly
SHARE

The Lagos State House of Assembly has set aside ₦6.2 billion in its 2025 budget to acquire 40 residential properties in Lagos or Abuja, a move that critics describe as a retirement package for its legislators. Each property is estimated at about ₦155 million, effectively allocating one house per lawmaker.

According to the state’s second-quarter 2025 budget performance report, ₦1 billion 16.1% of the total provision—had already been spent by June. The development has fueled concerns over the legitimacy and necessity of the allocation, especially as the provision has appeared in successive budgets.

In 2024, a similar ₦6.2 billion was approved for the same purpose, though only ₦126 million was eventually disbursed. A year earlier, in 2023, the Assembly spent more than 92% of its ₦1.22 billion allocation, though reports did not specify whether those properties went to outgoing members of the ninth Assembly.

Legal experts have questioned the constitutional basis for such spending. Section 124(5) of the 1999 Constitution empowers state assemblies to legislate pensions and benefits for governors and their deputies, but it makes no mention of lawmakers. Critics argue that using public funds to finance personal property acquisitions falls outside the Assembly’s constitutional mandate.

The Lagos case reflects a broader national controversy over retirement benefits for public officials. In 2019, then-Bayelsa Governor Seriake Dickson vetoed a life pension bill for state legislators, citing public outcry. More recently, Abia and Benue States repealed laws granting lifetime pensions to former governors and deputies following similar criticism.

Lagos itself has faced repeated disputes over political pensions. In 2021, Governor Babajide Sanwo-Olu pledged to scrap the Public Office Holder (Payment of Pension) Law. However, instead of outright repeal, the Assembly amended the law, slashing but retaining entitlements for ex-governors and deputies.

The ₦6.2 billion allocation has reignited concerns over governance priorities and fiscal responsibility in Nigeria’s commercial capital. Civil society groups and policy analysts warn that at a time when Lagos faces pressing infrastructure and social challenges, channeling billions into lawmakers’ retirement benefits sends the wrong signal.

Observers say the issue is likely to remain a flashpoint in the months ahead, particularly as political transitions approach and questions persist over whether legislators are legislating benefits for themselves outside constitutional provisions.

Speaker Abbas Condemns Zaria-Kano Tanker Explosion, Demands Safer Roads
Tinubu, Lula Sign Five MoUs, Welcome Petrobras Back to Nigeria
Nigeria’s Oil Output Hits 8-Month High at 1.8m bpd
US: Failure to List Social Media May Lead to Visa Denial
Benue Assembly Suspends Four Lawmakers Over Failed Impeachment Plot
TAGGED:Lagos State House of Assembly
Share This Article
Facebook Email Print
Share
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Popular News
Paul Adefarasin
News

Police Clear Pastor Adefarasin Over Viral Video

Amarachi Ada
Amarachi Ada
September 17, 2025
Bella Shmurda Reflects on Mohbad’s Death, Faces Backlash from Portable
Beyond the Deluge: How Nigeria’s Flooding Crisis Threatens Food Security
Nigerian Designers Reimagine Tradition for 2025
Humain Chat Debuts as First Arabic-Native AI Platform
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • News
  • Politics
  • Sports
  • Entertainment
  • Education
  • NNPCL
  • business
  • Bashir Bayo Ojulari

About US

Folio Media Group (FMG), publishers of Daily Times, Nigeria’s oldest media brand is set to take another bold step in the media industry by setting up FOLIO POST, in recognition of the company’s global digital appeal.
Quick Link
  • My Bookmark
  • InterestsNew
  • Contact Us
  • Member Login
  • News
  • Press Release
  • Exclusives
Top Categories
  • Press Release
  • Education
  • Exclusives
  • Agriculture
  • Politics
  • Sports
  • Top Stories

Subscribe Now

(For Exclusive updates & newsletter)

Subscribe to our newsletter to get our newest articles instantly!

The Folio PostThe Folio Post
Follow US
2025 © The Folio Post. Developed by ICS. All Rights Reserved.
FOLIO LOGO
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?