Lagos State Labour Party governorship candidate, Rotimi Odunnaike, has stated that the increase in government revenue in Lagos has not led to higher household income or improved living conditions for many residents. He made this statement during an interview with ARISE News on Tuesday. According to Odunnaike, government revenue and household income are two distinct economic measures that should not be treated as the same.
Odunnaike stressed that rising government revenue gives the government greater financial capacity to fund projects and provide public services. However, this does not automatically mean that residents are becoming more prosperous. He emphasized that government revenue should provide the state with the resources needed to execute projects capable of improving the welfare of residents.
The Labour Party candidate argued that the increase in Lagos’ revenue has not been matched by a corresponding rise in household income. He noted that this gap is particularly important when assessing the economic wellbeing of residents. According to Odunnaike, the fact that government revenue is increasing does not mean that household income is also rising.
Odunnaike also criticized the inadequate public service delivery in Lagos despite the increase in government revenue. He stated that residents should be able to see tangible benefits from the resources available to the state. The candidate emphasized that his campaign’s “A New Lagos for All” agenda is designed to ensure that government services reach more residents while improving the quality of governance across the state.
The “A New Lagos for All” agenda aims to bring public services to where they are needed and introduce excellence into governance. Odunnaike’s broader objective is to ensure that the state’s economic resources translate into tangible improvements in residents’ quality of life. He is contesting the Lagos State governorship election on the platform of the Labour Party.
Odunnaike’s comments highlight the need for a more equitable distribution of wealth in Lagos. He emphasized that government revenue should be used to fund projects that benefit residents, rather than just increasing the government’s financial capacity. The candidate’s agenda has been designed to address the concerns of residents who have not seen improvements in their living conditions despite the increase in government revenue.
The Lagos State governorship election is scheduled to take place, with Odunnaike competing on the Labour Party platform. His campaign has focused on ensuring that government services are delivered effectively and that the state’s economic resources benefit all residents.
Key points
- Odunnaike's campaign agenda, "A New Lagos for All," aims to improve public service delivery and governance in Lagos.