Governor Dapo Abiodun of Ogun State has signed the state’s N1.054 trillion 2025 appropriation bill into law.
Abiodun signed the bill on Monday at the governor’s office, Oke-Mosan, Abeokuta, the state capital.
The governor presented the 2025 appropriation bill, tagged “budget of hope and prosperity,” to the state house of assembly on December 4 for consideration and passage.
Speaking after signing the budget, Abiodun said his administration would finalise a partnership deal next month to develop the Olokola seaport.
“It is my pleasure to announce to you that in the coming month, we will be signing the partnership agreement with potential partners in our port development. The Olokola port is back on track.
“In the coming year, you will see us signing more memoranda of understanding (MoU) with private players in the areas of renewable energy, energy transition, and agriculture, particularly animal husbandry.
“We intend to join the league of those producing beef and pork, not just for domestic consumption, but for export.
“We will continue to provide more infrastructures, particularly roads, in every local government in the state.
“We will continue in our stride to provide the right infrastructure and the right situation to ensure that students in Ogun state learn in a conducive environment.
“We will continue to pursue our healthcare programme in primary health care, secondary, and tertiary, and of course, our policy on grow what you eat and eat what you grow; we are going to be more aggressive in the area of agriculture.”
The governor appreciated members of the house of assembly’s speedy passage of the bill, noting that their collaboration boosted the state’s growth remarkably.
The Speaker of the House, Oludaisi Elemide, noted the speedy bill passage underscored a promise kept to the governor, which he noted was unprecedented before Christmas.
The Speaker appreciated the governor’s renovation of the assembly complex and further assured that the legislative arm would continue collaborating with the executive to deliver dividends of democracy.
Aiyedatiwa signs Ondo’s N698bn 2025 budget into law
The Ondo State Governor, Lucky Aiyedatiwa, also signed the 2025 state appropriation bill into law on Monday.
The development came barely a week after the State House of Assembly passed the sum of N698, 659,496,000 budget into law for the 2025 fiscal year.
Out of the sum, a total of N265, 037,496,000 was earmarked for recurrent expenditure, while N433, 622,000,000 was allocated to capital expenditure.
At the signing ceremony held at the Exco Chamber of the Governor’s Office, Akure, the state capital, Aiyedatiwa described the 2025 budget tagged ‘Budget of Recovery,’ as a bold and strategic step towards rebuilding the state’s economy and addressing critical socio-economic challenges.
He stated, “This is a critical moment for our administration, one that marks a significant step towards fulfilling the promises we made to the people of Ondo State during the electioneering processes.
“We have deliberately allocated the higher percentage to capital development to jumpstart the economy and initiate massive infrastructural renewal across the state. The main objective of this budget is to make life easy for our people. This objective is sacrosanct and non-negotiable.
“The budget reflects our collective vision for the future of Ondo State and demonstrates that when we work together, we can achieve great things for our people.”
Aiyedatiwa also noted that the 2025 budget allocated significant resources to sectors such as agriculture, infrastructure, education, among others, describing the allocations as investments in the lives of the people.
The governor reassured the people of the state that his administration remained focused on economic development, achieving sustainable food security, resilient community development and the facilitation of social inclusion and security.
Earlier in his welcome address, the Speaker of the House, Olamide Oladiji, lauded the governor for his unwavering commitment to advancing all critical sectors of the state’s economy.
He emphasised that the signed budget represented a significant stride in promoting good governance, fostering economic growth, and ensuring social justice across Ondo State.
The signing ceremony was attended by the Deputy Governor, Olayide Adelami; lawmakers, members of the executive council and other key stakeholders.
Ekiti gov signs N375.8bn 2025 budget into law
In the same vein, Ekiti State Governor, Biodun Oyebanji, on Monday, signed the N375.79bn 2025 budget into law.
The budget passed by the state House of Assembly and presented to the governor for assent, totals N375.79bn, with 51 per cent allocated for Recurrent Expenditure and 49 per cent for Capital Expenditure.
Speaking in Ado Ekiti, the state capital, while signing the document into law, Oyebanji said the budget, “which is a product of wide consultation with the people of Ekiti State, was prepared based on our expected economic realities over the next year. It also aligns with the fiscal principles of transparency, accountability, and inclusivity.”
He added, “Top priority has been given to agriculture and food security, wealth creation, and infrastructural development in the 2025 fiscal year.
“Furthermore, the document will allow us to consolidate our achievements as a government, complete all ongoing programmes and projects, and provide the required infrastructure for the economic transformation of our towns and communities across the state.”
The governor, who emphasised that the successful implementation of the budget depends largely on the availability of funds, lauded President Bola Tinubu and his team for the economic reforms that have been implemented to address the structural problems confronting the country’s economy and promote sustainable development.
He said, “These reforms have significantly improved the revenue accruing to the state from the Federation Account in the past year. We expect this enhanced revenue flow to continue in 2025 and beyond.”
Oyebanji also praised the Ekiti State Internal Revenue Service for improving revenue collection and generation through various strategies, without placing additional burdens on the people. He assured that his administration would continue to provide the necessary support to strengthen EKIRS and improve its revenue generation drive.
He stated, “In a bid to enhance the effectiveness of EKIRS, our administration has approved the construction of a befitting building as the Ekiti Revenue House. It is our desire that, in the near future, the state will be able to meet its overhead costs from Internally Generated Revenue, thereby freeing up allocations from the Federation Account for developmental projects.”
“In the 2025 fiscal year, we will strive to meet our revenue targets to ensure the implementation of all the ambitious programmes and projects in the budget. We will also continue to strengthen our relationship with our development partners and seek their support for the implementation of specific projects in the state.”
Oyebanji, who reiterated his commitment to the welfare of workers and pensioners, said, “We are up to date with our monthly pension payments and have significantly reduced the state’s gratuity backlog. To date, we have settled outstanding gratuities owed to civil servants to the tune of N5.6bn, thereby reducing the backlog by four years.”
The governor also expressed his gratitude to the 6th State Assembly, describing it as “a worthy partner in progress with the Executive, rather than constituting a hindrance to progress. I urge you to continue in this spirit and place the Ekiti project above partisan politics.”
Adeleke signs N427bn 2025 budget into law
Similarly, Osun State Governor, Ademola Adeleke, signed the 2025 State Appropriation Bill into law on Monday.
At the brief event held at the Governor’s Office in Abere, where the bill was signed, Adeleke directed ministries, agencies, and departments of government to vigorously pursue its implementation for the benefit of the citizens.
The governor assured residents that the budget would be fully implemented to meet their expectations.
“For record purposes, the budget I am signing today is tagged ‘Budget of Sustainable Growth and Transformation’. The total sum for the 2025 budget is Four Hundred and Twenty-Seven Billion, Seven Hundred and Forty-Six Million, Nine Hundred and Twenty-Five Thousand, One Hundred and Seventy Naira (₦427,746,925,170.00).
“Consequently, I direct ministries, agencies, and departments to pursue the implementation vigorously to benefit the state’s citizens. Our budget performance must continue to be commendable every quarter.
“I further direct the Ministry of Economic Planning, Budget and Development to, as usual, monitor the implementation process to ensure delivery according to targets and expectations,” Adeleke said.
In his remarks at the event, the Speaker of the Osun State House of Assembly, Wale Egbedun, commended Adeleke’s approach to the state’s development.
He urged the administration to fully implement the budget in the best interest of the residents.
