Ogun joins trillion league, as Gov. Abiodun signs N1.05trn appropriation bill into law

December 31, 2024
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Ogun joins the trillion league, as Gov. Abiodun signs N1.05trn appropriation bill into law

Gov. Dapo Abiodun of Ogun has signed the N1.054 trillion 2025 State Appropriation Bill into law.

The signing took place at the Governor’s Office on Monday – yesterday, December 30 – in Abeokuta, the state capital, witnessed by the Speaker of the House of Assembly, Oludaisi Elemide and principal officers of the House.

Speaking after signing the bill, Abiodun announced that his administration would, in the coming month, sign the partnership agreement with potential partners for the development of the Olokola Sea Port.

He said the government would also focus on the provision of more basic infrastructure with the signing of more Memoranda of Understanding (MoU) with private corporate bodies in renewable energy, agriculture, and other sectors.

The Governor said that the state intended to join the league of those producing beef and pork, not just for domestic consumption, but also for export, adding that his administration would be relentless in the pursuit of infrastructure that would engender more socio-economic development.

Abiodun acknowledged the difficulties people are going through, assuring that his administration has risen to the occasion by providing needed palliatives to cushion the effects and help the people navigate the period.

“I want to assure you that we can only hope for more wins in the future. It has been a very difficult year for us all, not just as a state, but as a country.

“Our President, Bola Ahmed Tinubu, started his tenure with very bold reforms that have resulted in some unintended consequences that we must all endure, so that we can have a country that is solvent,” he said.

He commended members of the Assembly for the speedy passage of the Bill after due diligence, and for their high level of commitment to their constituents and the State at large.

Earlier, Elemide explained that the speedy passage of the bill was in keeping with the promise made to the Governor, when he presented it to the State House of Assembly.

He assured that the Assembly would continue to collaborate with the other arms of government, to ensure that the people enjoy the dividends of democracy.

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