Governor of Osun State, Ademola Adeleke, on Wednesday, presented the state’s 2025 appropriation bill to the House of Assembly, commending the lawmakers for their continued support of his administration.
Laying the budget before the lawmakers, Adeleke stated that the appropriation bill, being the 34th in the history of the state, included a capital expenditure of N144,231,183,800 and a recurrent expenditure of N245,797,093,940.00.
Adeleke reiterated that the 2025 proposed estimates aligned with the existing Osun State Development Plan, 2023–2050, noting that the major focus of the bill was to meet the people’s needs by completing all ongoing projects.
On the revenue projections for 2025, Adeleke said the government expected N196bn from the federation account, while N109,870,932,830.00 would be expected from independent sources.
According to the governor, “The total size of the 2025 budget is N390,028,277,740.00. The expenditure comprises capital expenditure of N144,231,183,800 and recurrent expenditure of N245,797,093,940.00.
“Recurrent expenditure is divided into personnel costs, which include salaries and allowances, as well as pensions and gratuities, totalling N102,895,821,010.00. The balance of N142,901,272,930.00 is set aside,” Adeleke said.
Speaking on the performance of the 2024 budget, the governor assured his administration had made significant progress in implementing the state agenda and achieved unprecedented progress across various sectors.
