By Abimbola Bamgbose
Ogun State Governor, Prince Dapo Abiodun, has set a target of five hundred billion naira as Internally Generated Revenue for Ministries, Departments, and Agencies in the 2026 fiscal year.
Governor Abiodun announced the 2026–2028 Medium Term Expenditure Framework and the 2026 budget during the Treasury Board meeting, held at the Obas Complex, Oke-Mosan, Abeokuta.
The governor expressed dissatisfaction with the level of internally generated revenue recorded in the 2025 budget, describing it as unimpressive.
He directed the State Internal Revenue Service, OGIRS, to generate two hundred and fifty billion naira, while other revenue-yielding ministries such as Urban and Regional Planning, Education, Science and Technology, and Lands are expected to realise the remaining two hundred and fifty billion naira.
Governor Abiodun said the state government had provided the necessary infrastructure such as good road network and enhanced security to boost revenue generation, adding that these efforts had already attracted more industries to the state.
He charged heads of MDAs to take advantage of the enabling environment to improve their budget performance in the coming year.
While commending the ministries for their efforts in the outgoing year, the governor urged the State Property Investment Corporation, OPIC, and the Ministry of Housing to collaborate in increasing the number of affordable housing units to 10,000, a feat he described as unprecedented in the state’s history.
Governor Abiodun also noted that the ongoing urban renewal and regeneration projects across the three senatorial districts are part of efforts to further reposition the state.
On education, the governor announced plans to set up a committee of experts from the building sector to oversee the rehabilitation of public schools due for repairs, assuring that his administration remains committed to providing a conducive learning environment for students across the state.
