Ogun assembly passes N1.668 trillion 2026 budget

The Ogun State House of Assembly on Monday passed the N1.668 trillion 2026 Appropriation bill.
The passage followed the presentation and adoption of the report of the House Committee on Finance and Appropriation, chaired by Musefiu Lamidi (APC-Ado-Odo/Ota 11) during plenary at the Assembly Complex, Oke-Mosan, Abeokuta.
Mr Lamidi, who moved the motion for the adoption of the committee’s report, said the bill was submitted to the assembly 26 days earlier and had undergone scrutiny.
The motion was seconded by Folawewo Salami (APC-IFO 11) and supported by the whole House during plenary presided over by the speaker, Oludaisi Elemide.
The bill was later read and adopted clause by clause before the Committee of the Whole House, after which the motion for its third reading was moved by the majority leader, Yusuf Sheriff (APC-Ado-Odo/Ota 1).
The motion was seconded by the minority leader, Lukman Adeleye (PDP-Odogbolu), and supported by all the lawmakers through a unanimous voice vote.
However, the clerk/head of the legislative service, Sakiru Adebakin, thereafter read the bill for the third time, while the speaker, Mr Elemide, directed that a clean copy be transmitted to the governor for assent.
Earlier, while presenting the committee’s report on the bill titled “H.B. No. 028/OG/2025 – Year 2026 Appropriation Bill”, Mr Lamidi said the assembly made adjustments to the budget proposals of three ministries, departments and agencies (MDAs).
He explained that the adjustments resulted in an upward review of the internally generated revenue (IGR) by N2.193 billion, with a corresponding reduction in capital receipts, while the total budget size of N1.668 trillion earlier proposed by the governor was retained.
Governor Dapo Abiodun had, on December 3, presented the 2026 appropriation bill to the House of Assembly for approval.
(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.”

NationWide
ICPC’s court order breach claim false, says El-Rufai
Mr El-Rufai described the ICPC’s July 7 statement as inaccurate in both facts and law.

Economy
Naira further depreciates, loses N3.32 against dollar at official market
Data from the official website of the Central Bank of Nigeria (CBN) revealed that the naira lost N3.32.

Sport
Chelsea, Manchester United agree £50 million deal for Andrey Santos
Santos will undergo a medical to finalise his move to Old Trafford.

NationWide
NDC senatorial candidate blames civic apathy for Nigeria’s crises
Mr Orette criticised the growing culture of celebrating politicians rather than evaluating their competence.

Economy
CBN seeks bold ESG reforms to unlock Africa’s sustainable growth
Mr Ikeazor said Africa was warming rapidly and facing its worst climate crisis in more than a decade.

States
Police seek stronger collaboration with customs to strengthen border security
Mr Ojajuni said that sustained collaboration, intelligence sharing, and joint operations remain indispensable in addressing emerging security threats.





