Governors Ademola Adeleke (Osun), Usman Ododo (Kogi), Lucky Aiyedatiwa (Ondo), Dapo Abiodun (Ogun) and Biodun Oyabanji (Ekiti) have signed their respective 2025 appropriation bills into law, setting the stage for transformative development in their states.
Governor Ademola Adeleke signed the “Budget of Sustainable Growth and Transformation,” totaling N427.75bn, during a ceremony at the Governor’s Office in Abere.
Adeleke emphasised rigorous implementation to meet citizens’ expectations and directed ministries and agencies to ensure commendable performance on a quarterly basis.
Osun State House of Assembly Speaker, Mr. Wale Egbedun, praised Adeleke for his development-focused governance and stressed the importance of the budget’s full implementation.
In Lokoja, 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.
Kogi State House of Assembly Speaker, Aliyu Umar, commended the governor’s commitment to inclusivity, highlighting the positive impact the budget is expected to have on the state’s economy and citizens.
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.
Abiodun announced plans to sign a partnership agreement for the development of the Olokola Sea Port and other initiatives aimed at boosting the state’s economy, including renewable energy and agriculture projects for domestic consumption and export.
He acknowledged the economic challenges facing Nigerians due to federal reforms but reassured citizens of palliative measures and continued efforts to improve infrastructure and education across the state.
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, noting that the budget reflects the administration’s commitment to advancing all critical sectors of the state’s economy.
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.
The budget, passed by the state House of Assembly, allocates 51% to recurrent expenditure and 49% to capital projects.
Speaking during the signing ceremony in Ado Ekiti, Oyebanji described the budget as “a product of wide consultation with the people of Ekiti State.”
“It was prepared based on our expected economic realities over the next one year. It also aligns with the fiscal principles of transparency, accountability, and inclusivity. Top priority has been accorded to agriculture and food security, wealth creation, and infrastructural development in the 2025 fiscal year,” he said.
The governor emphasised the importance of completing ongoing projects, adding, “This document will enable 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.”
Oyebanji commended President Bola Tinubu’s economic reforms for boosting revenue allocations from the Federation Account.
“These reforms have significantly improved the revenue accruing to the state over the past year, and we expect this enhanced revenue flow to continue in 2025 and beyond,” he said.
He also praised the Ekiti State Internal Revenue Service for its innovative approaches to revenue generation, noting, “Our administration has approved the construction of a befitting edifice as Ekiti Revenue House. It is our desire that in no distant time, the state will be able to meet its overhead from the internally generated revenue, thereby freeing allocations from the Federation Account for developmental projects.”
The governor assured stakeholders of his administration’s commitment to meeting revenue targets, stating, “In the 2025 fiscal year, we shall strive to meet our revenue target to ensure the implementation of all the lofty programmes and projects in the budget. We shall also strengthen our relationship with development partners to elicit support for the implementation of specific projects in the state.”
Reiterating his dedication to the welfare of workers and pensioners, Oyebanji said, “We are up to date on our monthly pension payments and have significantly reduced the state’s gratuity backlog. To date, we have settled outstanding gratuities owing to civil servants to the tune of N5.6bn, thereby reducing the backlog by four years.”
The governor also commended the state legislature for its cooperation, describing the sixth Ekiti State Assembly as “a worthy partner in progress with the executive, rather than constituting a clog in the wheel of progress.” He added, “I enjoin you to continue in this spirit and place the Ekiti project over and above partisan politics.”
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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