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The Ogun State Government has unveiled an ambitious N1.05 trillion budget for 2025, designed to drive rapid development and ensure long-term prosperity.
Speaking at a media briefing on Tuesday at Oke-Mosan, Abeokuta, the Chief Economic Adviser and Commissioner for Finance, Mr Dapo Okubadejo, described the budget, tagged “Budget of Hope and Prosperity,” as a strategic tool for achieving qualitative education, healthcare delivery, youth empowerment, critical infrastructure, housing, and other essential services to improve the well-being of residents.
“We have significantly increased our Internally Generated Revenue (IGR) through reforms in lands, payments, industry, trade, and investment, which allow businesses to be conducted seamlessly online,” Okubadejo stated.
He further highlighted that Ogun’s budget has grown from N335 billion in 2020 to N1.1 trillion in 2025, a feat attributed to systemic reforms, the digitisation of internal revenue services, and the blockage of revenue leakages.
The state projects to generate N194 billion from Ministries, Departments, and Agencies (MDAs), N121 billion from the internal revenue service, and N228 billion from federal allocations. Capital receipts—comprising loans, grants, and aids—are estimated at N472.66 billion.
Meanwhile, the Commissioner for Budget and Planning, Mr Olaolu Olabimtan, revealed the budget’s breakdown, with N600 billion allocated for capital expenditures and N400 billion for recurrent expenses, marking a 50 per cent increase over the 2024 budget of N703 billion.
“What sets Ogun apart is our deliberate effort to reduce dependence on federation allocations, thereby ensuring sustainability.
“With personnel costs at N125 billion (12 per cent), overhead costs at N216 billion (20 per cent), and consolidated charges at 4%, the total recurrent expenditure of N455 billion accounts for 43 per cent of the budget,” Olabimtan explained.
On Education
The education sector received N178 billion (17 per cent) to fund key projects, including the construction of 12 mega smart schools, fencing of schools to enhance security, provision of boreholes, and renovation of dilapidated classrooms.
According to the Commissioner for Education, Science, and Technology, Prof. Abayomi Arigbabu, these initiatives are critical to creating a conducive learning environment.
On Agriculture
The Commissioner for Agriculture and Food Security, Hon Bolu Owotomo, disclosed plans to revive farm settlements, enhance the agricultural value chain, and promote youth and women participation in farming. He added that 1,000 water pumps would be distributed to support dry-season farming and boost productivity.
On Housing
The state allocated N7.5 billion for legacy housing projects, N4.5 billion for the Ministry of Housing, and N4.9 billion for the Housing Corporation. Commissioner for Housing, Jagunmolu Akande Omoniyi, revealed that houses at the Kobape Housing Estate have been allocated to fully paid subscribers, while N93 million would soon be refunded to 33 unsuccessful applicants.
On Healthcare
Dr Tomi Coker, Commissioner for Health, announced the renovation of 80 Primary Health Care Centres and plans to procure MRI machines to meet the growing needs of the state’s health institutions.
On Transportation
The Commissioner for Transportation, Engr Gbenga Dairo, highlighted plans to extend Lagos’ Red, Blue, and Purple rail lines into Ogun State to enhance commuter convenience and cargo movement. Additionally, the state is focusing on water transport to improve connectivity and cargo transportation.
Dairo also confirmed that the Gateway International Airport, designed for both passenger and cargo services, is 95% complete and will soon begin full operations.