Gov. Abiodun signs N1.05 trillion 2025 budget 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, in Abeokuta, witnessed by the Speaker of the House of Assembly, Oludaisi Elemide and principal officers of the House.
Speaking after signing the bill, Mr 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 that 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 for export.
He said that his administration would be relentless in the pursuit of infrastructure that would engender more socio-economic development.
Mr Abiodun acknowledged the difficulties people were going through due to the bold policies of President Bola Tinubu’s administration, to pull the country out of the woods.
He said that his administration had 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,” the governor said.
He appreciated members of the assembly for the speedy passage of the bill after due diligence and commended their high level of commitment to their constituents and the state.
Earlier, Mr Elemide said that the speedy passage of the bill was in keeping with the promise made to the governor when he presented it to the assembly.
He assured that the assembly would continue collaborating with the other arms of government to ensure that the people enjoyed the dividends of democracy.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Agriculture
FG establishes mega farms in four states
He said NALDA targets establishing mega farm estates across the six geopolitical zones to address challenges affecting agricultural production and create modern farming communities.

World
Russian jailed 13 years for smuggling aircraft parts to Ukraine
The FSB said the man intended to deliver the spare parts to a key enterprise that maintains military aircraft and helicopters for the Ukrainian forces.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
States
Kogi School Abduction: We will never negotiate with criminals, Gov. Ododo says
“Let me reiterate that we will never negotiate with criminals. We will never pay ransom. We will rid Kogi of criminals,” Mr Ododo said.

NationWide
Nigeria, UN, U.S. deepen anti-crime partnership with first national strategy
The national strategy is expected to be officially unveiled on August 17.

World
Chinese President Xi seeks global cooperation to build artificial intelligence governance system
Chinese President Xi Jinping urged nations to build a just and equitable global artificial intelligence governance system.

Anti-Corruption
TD Bank insiders facilitating money laundering, fraud jailed 70 months
During the money-laundering scheme, 1,680 official bank checks were processed at TD Bank, totalling more than $92 million.





