The Labour Party has criticised the proposed ₦1.68 trillion 2026 budget of Ogun State Governor, Dapo Abiodun, describing it as unsustainable and potentially harmful to the long-term economic well-being of the state.
The party also declared that it would not enter into any alliance with other political parties ahead of the 2027 general elections, insisting it would field candidates for all elective positions in the state.
However, the party clarified that despite its resolve to contest all positions in Ogun State, it would support President Bola Tinubu’s re-election bid in 2027.
The South-West Vice-Chairman of the party, Abayomi Arabambi, made the remarks in a statement during the inauguration of the newly elected executive members of the Ogun State chapter of the party, held at the press centre of the Nigerian Union of Journalists, Iwe Iroyin, Abeokuta, on Tuesday.
Arabambi said the party was determined to end what he described as maladministration by the ruling All Progressives Congress in the state.
Abiodun recently proposed a total expenditure of ₦1,668,997,993,125.44 for the 2026 fiscal year, representing a 63 per cent increase from the 2025 budget of ₦1.054 trillion.
Tagged “Budget of Sustainable Legacy,” the governor, while presenting the proposal to the state House of Assembly, explained that the budget comprises ₦624.76 billion (37 per cent) for recurrent expenditure and ₦1.044 trillion (63 per cent) for capital expenditure.
