A former local government chairperson in Lagos State has been reported to have left N20 million in the coffers of the Local Council Development Area after receiving N512 million from the Federation Account three days before her tenure ended.
This was according to information provided by a senior staff of the Tribune newspapers, Lanre Adewole, in the column he authored on Sunday.
According to Adewole, the revelation constituted part of a report submitted to the Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, which formed the crux of the meeting the legislators had with chairpersons of LGAs and LCDAs in the state.
According to the report, an immediate past chairperson of a LCDA got N512 million as allocation for her last month in office.
Adewole wrote: “It was three days to her exit.
“By the time the new man took over, a whopping N492 million had disappeared.
“She spent N492 million in 72 hours, leaving behind a paltry N20 million for her successor.
“Seven councillors who served with this ‘princess’ got N1 million each.
“The supervisory councillors also got parting gift in millions.
“And everyone went home for thanksgiving.”
Adewole said according to verifiable records, the LCDA got N4.8 billion as allocation between January and July 2025.
He revealed that a newly-built multi-million naira hotel in Osogbo, the Osun State capital, is being linked to the former chairperson of the LCDA in addition a new property in Magodo GRA Phase 2 area of Lagos State.
The senior editor then quoted a portion of the report to Obasa: “The brazen (alleged) mismanagement of public funds by immediate past and newly elected Local Government chairmen in Lagos State is unparalleled by any Local Government in Nigeria. There is a disturbing pattern of (alleged) looting, particularly the (alleged) diversion of monthly Joint Allocation JAC funds.
“Recently, the Speaker of the Lagos House of Assembly highlighted this issue when he called them to a meeting and drew the attention of these chairmen and their management, yet the impunity persists.
