Lagos State’s Q1 2025 expenditure pattern reveals that over half of the state’s spending was allocated to capital expenditure, underscoring the government’s priority on infrastructure development and long-term investments. This dominant share of 52% reflects a strong push towards projects that could have lasting impacts on economic growth, urban development, and service delivery. The remaining expenditure is spread across overheads, personnel costs, debt servicing, and other recurrent expenses.
What stands out in this breakdown is the significant focus on capital projects compared to recurrent costs. With 22% spent on overhead and 18% on personnel, the government is still maintaining its operational and administrative functions, but not at the expense of long-term growth plans. Debt service accounted for just 5%, suggesting a manageable debt position relative to total expenditure.
