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States sign 2025 appropriation bills, set stage for development

POSTED ON December 31, 2024 •   POLITICS      BY Benedicta Bassey
Ogun State Governor Prince Dapo Abiodun has signed the N1.054 trillion 2025 State Appropriation Bill into law. Photo: @DapoAbiodunCON/X

NIGERIA — Various state governors in Nigeria have signed their respective 2015 appropriation bills into law.

The governors are Governors Ademola Adeleke (Osun), Usman Ododo (Kogi), Lucky Aiyedatiwa (Ondo), Dapo Abiodun (Ogun) and Biodun Oyabanji (Ekiti).

Governor Ademola Adeleke signed the “Budget of Sustainable Growth and Transformation,” totaling N427.75bn, during a ceremony at the Governor’s Office in Abere.

Osun State House of Assembly Speaker, Mr. Wale Egbedun, hailed Adeleke's development-focused governance and stressed the importance of the budget’s full implementation.

In Kogi state, Governor Ododo signed the N582.4bn “Budget of Inclusivity,” reflecting a 43.34% increase from the revised 2024 budget.

The budget prioritises job creation, infrastructure development, food security, and staff welfare, with significant allocations to education, healthcare, agriculture, and economic development.

Governor Abiodun signed a record-breaking N1.05tn budget into law at the Governor’s Office in Oke-Mosan, Abeokuta.

The budget focuses on infrastructure development, renewable energy, agriculture, and education.

In a similar vein, Governor Aiyedatiwa signed the N698.66bn “Budget of Recovery” into law, allocating N433.6bn to capital expenditure and N265bn to recurrent expenditure.

Speaking at the signing ceremony in Akure, Aiyedatiwa described the budget as a strategic step towards rebuilding the state’s economy and addressing socio-economic challenges.

He stressed the importance of capital investments in agriculture, infrastructure, education, healthcare, and security to improve livelihoods and build a sustainable future.

Ondo State House of Assembly Speaker, Mr. Olamide Oladiji, commended the governor for his dedication to economic growth and social justice.

In Ekiti, Governor Oyebanji, on Monday, signed the state’s N375.7bn 2025 budget into law, emphasising internally generated revenue as a cornerstone for financing salaries and other expenditures.

Oyebanji commended President Bola Tinubu’s economic reforms for boosting revenue allocations from the Federation Account.

Oyebanji expressed optimism about the future, emphasising that the 2025 budget would enable the state to consolidate its achievements and drive sustainable development.

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