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Ogun Assembly okays N1.668trn 2026 budget

The Ogun State House of Assembly has approved the 2026 Appropriation Bill amounting to N1,668,997,993,125.44, earlier presented by Governor Dapo Abiodun at the Assembly Complex in Oke-Mosan, Abeokuta.

The bill’s passage followed the presentation of the report by the House Committee on Finance and Appropriation, chaired by Hon.

Musefiu Lamidi, during plenary. Lamidi formally moved the motion for the adoption of the report, which was seconded by Hon.

Folawewo Salami and unanimously endorsed by lawmakers through a voice vote presided over by Speaker Oludaisi Elemide.

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Subsequently, the appropriation bill was considered clause by clause at the Committee of the Whole House stage.

The motion for its third reading was later moved by the Majority Leader, Yusuf Sheriff, and seconded by the Minority Leader, Lukman Adeleye, receiving unanimous approval from members.

The Clerk and Head of the Legislative Service, Mr Sakiru Adebakin, conducted the third reading of the bill, after which the Speaker directed that a clean copy be forwarded to Governor Abiodun for assent.

Earlier, while presenting the committee’s report on the bill titled H.B. No. 028/OG/2025 – Year 2026 Appropriation Bill, Hon. Lamidi disclosed that the Assembly effected adjustments to the budget proposals of three ministries, departments and agencies.

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According to him, the adjustments resulted in a marginal increase of N2.193 billion in Internally Generated Revenue, with a corresponding reduction in capital receipts, thereby maintaining the total budget size of N1.668 trillion as initially submitted by the governor.

Meanwhile, the Assembly had earlier approved the 2025 Revised Appropriation Bill as well as the Revised Medium Term Expenditure Framework for the 2026–2028 fiscal years.

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