Lagos N1.77tn revenue has not eased residents’ economic hardship – Adeoye

Résumé détaillé

Lagos’ internally generated revenue (IGR) of N1.77 trillion in 2025 has not translated into adequate relief for residents facing high ...

Lagos’ internally generated revenue (IGR) of N1.77 trillion in 2025 has not translated into adequate relief for residents facing high rents, unemployment, unreliable electricity and rising living costs, Laja Adeoye, governorship candidate of the Allied Peoples Movement (APM), has said.

Adeoye said Lagos needed a change in its development approach to address the economic pressures confronting households and businesses, arguing that residents should choose a reset over continuity in the Feb. 6, 2027 governorship election.

In a statement on Tuesday, the APM candidate said his “Atunto Eko 1.0” agenda is an alternative to the All Progressives Congress (APC)-led administration that has governed the state since 1999 through its predecessors, the Alliance for Democracy and Action Congress of Nigeria.

Although Lagos remains Nigeria’s leading state in internally generated revenue, Adeoye said many residents continued to contend with housing shortages, high rents, multiple taxation, traffic congestion, unreliable power supply and inadequate public infrastructure.

He said the economic challenges had increased the cost of living and doing business in the state, questioning whether another administration under the same political structure would deliver the changes residents needed.

Adeoye also criticised the APC’s 100-point “Lagos Promise” agenda, which includes additional buses, rail extensions, housing completions and expanded health insurance.

He said many of the challenges addressed by the proposals had persisted during the tenure of Femi Hamzat, the incumbent deputy governor and APC governorship candidate, since 2019.

“Continuity advocates point to institutional knowledge and ongoing projects, but experience should translate to relief for the people, not more burden and discomfort for average Lagosians,” Adeoye said.

The APM candidate said his agenda would prioritise employment, affordable housing, electricity, healthcare, education and infrastructure, with the private sector…

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