Osun State Governor, Senator Ademola Adeleke, on Wednesday, presented ₦705.794 billion 2026 appropriation bill to the State House of Assembly.
In the budget tagged “Budget of Economic Transformation,” Adeleke presented N317.41bn as recurrent expenditure, representing 45 per cent of the total budget while the sum of N388.37billin is earmarked as Capital Expenditure at 55% of the budget.
The governor expressed commitment in building a robust and diversified economy capable of navigating contemporary challenges, adding that the budget estimate leveraged on Osun’s diverse economic potential.
He added that the budget was targeted at fostering sustainable growth, promoting equity, and strengthening resilience through pragmatic and inclusive policies.
Adeleke stressed that it has been the determination of his administration from inception to take Osun to an enviable height through infrastructural and human capital development.
“It is important to state that our major focus is to complete all on-going projects across the state, and embark on new ones where critically essential,” he said.
Speaking on the 2025 budget, the governor said his government has delivered over 75% of the road infrastructure embarked upon by this administration, assuring not to leave any project uncompleted.
Earlier in his remarks, the Speaker, Rt. Hon. Adewale Egbedun, commended the governor’s prudence in financial management, “especially under the constraints arising from the withholding of Local Government allocations by the Federal Government since March 2025.”
He added that despite these challenges, Adeleke-led administration has consistently met its obligations, maintained developmental projects, and safeguarded workers’ welfare as a testament to visionary and responsible leadership.
The Speaker assured the governor that the Assembly will conduct careful legislative scrutiny to ensure that the budget reflects the hopes and aspirations of the people of Osun State.
