Abiodun signs N703.028bn 2024 budget into law


• It Will Make Ogun Nigeria’s Infrastructure Capital
Ogun State Governor, Prince Dapo Abiodun, has said that the 2024 Appropriation Bill of N703.028bn signed into law will further enhance the development of the state and make it Nigeria’s infrastructure capital.

The governor stated this while signing the Bill into law after it was presented to him by the Speaker of the House of Assembly, Rt. Hon. Olakunle Oluomo, supported by principal officers of the House at the Governor’s Office, Oke-Mosan Abeokuta.

It will be recalled that the Budget, tagged, “Budget of Sustain Growth and Development,” was submitted to the House on November 30, 2024, by Governor Abiodun.

Speaking after signing the Budget, the governor said that the state has continued to grow in leap and bounds in the last five years, noting that the budget is a testament of his administration’s commitment to irrevocable implementation its vision.

He said: “When we assumed office on May 29, 2019, we were committed to a vision to ensure that we create an enabling environment for investments and investors to strive in Ogun State, believing that that is very fundamental to the economic development of our state and the individual prosperity of our people.

“Today, we have a budget that has become law, which is more than twice our budget when we assumed office. Year after year, we have successfully implemented our budget to the tune of a minimum of 70 per cent.

“The economy of our state had continue to grow; we have been accorded the rightful place as the state with the most improved economy in Nigeria, fastest growing economy in the country, one of the two most viable states in Nigeria, one of the two states whose Internally Generated Revenue exceed Federal Allocation. These have been made possible by the collective hard work and commitment of all of you. This hard work, I, as the captain of the ship, remain very grateful.”

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