By Mojisola Oladele
Osun State House of Assembly has commenced plans towards the passage of the State 2026 Appropriation estimate as the bill scales through the Second Reading.
The 2026 Budget estimate scaled the second reading after the presentation of the policy thrust by the Majority Leader of the Assembly, Mr. Kofoworola Adewunmi , during plenary held at the Assembly Complex, Osogbo.
Mr. Adewunmi called for the speedy consideration the 2026 Budget estimate and emphasized that the proposed budget size is aimed towards completing all ongoing projects and initiating new projects where it is essential.
The lawmaker who stressed that, the executive had consulted with the assembly during the budget compilation noted that it is evidently clear that the full implementation of the budget is visible and achievable.
He stated that the 2026 Budget would be revenue driven, hence the need for Ministries, Departments, Agencies ,MDAs to brace up to attain an improved Internally Generated Revenue, IGR.
In his remarks, The Chairman of the House Committee on Finance and Appropriation, Mr. Olumide Fatunmise, expressed confidence in the governor’s financial stewardship, noting that previous budgets under the current administration have been successfully implemented.
In separate Contributions on the Appropriate Bill estimate , Mr Kanmi Ajibola, Prince Adewunmi Adeyemi, Prince Adekunle Oladimeji, Mr. Abiola Awoyeye and Mr. Afeez Abiodun assured residents that the budget would improve their standard of living.
In his remarks, The Speaker, Prince Adewale Egbedun directed House Committee on Rules and Business and House Committee on Finance and Appropriation to set the motion in place for the budget defence exercise, scheduled to commence from 24th November, 2025 to 4th December, 2025.
Recall that, The state governor , Senator Ademola Adeleke, on Wednesday laid before the Assembly a proposed budget of over ₦705 billion for the 2026 fiscal year Christened “The Budget of Economic Transformation”.
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