By Abimbola Bamgbose
Ogun State Governor, Prince Dapo Abiodun, has signed the ₦1.669 trillion 2026 Appropriation Bill into law, marking a major step in the state’s fiscal planning for the new year.
The Governor assented to the bill on Wednesday at the Governor’s Office, Oke-Mosan, Abeokuta. The ceremony was witnessed by the Speaker of the Ogun State House of Assembly, Rt. Hon. Oludaisi Elemide, principal officers and members of the Assembly, as well as members of the State Executive Council.
Governor Abiodun had presented the Appropriation Bill, christened the “Budget of Sustainable Legacy,” to the House on December 3, 2025.
Speaking after signing the bill, the Governor announced that implementation would commence immediately after the holidays, assuring improved performance in revenue generation and expenditure.
He disclosed that the 2026 budget represents a 58 per cent increase over the 2025 budget of ₦1.054 trillion, describing it as a significant leap in Ogun State’s financial profile.
Governor Abiodun attributed the timely signing to the cooperation between the Executive and the Legislature, noting that passage of the budget before the end of the year would guarantee fiscal continuity, predictability and effective governance.
The Governor commended the Speaker and members of the House for their diligence, saying lawmakers thoroughly scrutinised the bill and engaged relevant Ministries, Departments and Agencies despite the holiday period.
In his response, the Speaker, Rt. Hon. Oludaisi Elemide, said the bill underwent rigorous legislative scrutiny to ensure it reflects the developmental priorities of the state.
He added that the Assembly worked tirelessly to ensure the budget was passed and signed into law before the end of the year.
Edited by Titilayo Kupoliyi
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