November 14, 2024

Senator Ademola Jackson Nurudeen Adeleke has presented to the members of the Osun State House of Assembly the budget draft for the year 2025.

Governor Adeleke arrived the Osun Assembly to present the 2025 budget draft as it is constituted in the law of Nigeria that Governors present the budget of the next year before the commencement of the next financial year.

He was at the Assembly complex at 12noon and was received by Speaker Adewale Egbedun.

While delivering his budget presentation address, which is the 34th annual budget of Osun state, tagged sustainable growth and Transformation, Governor Adeleke Ademola, “reiterated that the Osun 2025 budget is focused on sustainable development and Transformation from 2023-2050.

Governor Adeleke Ademola declares that the total budget is N390,28,277,740.

According to the Governor, “our administration has reduced rural Health Access gap by 40% through rehabilitation of over two hundred Primary healthcare centers; We have increased health care access to all pensioners from less than 10% to 90% within 2 years;

“We closed road infrastructure gap and deficit by 50% from 80%; We took agric mechanization from 0% to 35%; We built digital economy policy structures from 0% to 55%; We built public service integrity from 25% to almost 70%;

“We expanded local content from 0% to 75%; We built climate agenda from 0% to over 70%; We raised state financial support for cooperative societies from 0% to 66%; We expanded financial support to ward cooperative societies from 0% to over 60%;

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“We built Ilesa University from 15% to over 90%; We redeveloped Odeomu Cooperative College to HND institution; We increased Osun Google coverage from 20% to 65%; We launched phased bursary award from 0% to 40%; We liquidated 40% of inherited salary debt;

“We paid up over 35% of inherited pension debt; We improved School infrastructure by over 40 percent; We enhanced rural Infrastructure by over 40 percent with over 300 completed rural projects”, the Governor affirmed, adding that “Osun State has not taken any loan (External or Domestic).

“We rely solely on the prudent management of available resources to meet the yearnings and aspirations of the good people of Osun State. This is our goal and with God on our side we will not derail”, the Governor told the lawmakers.

The Capital Expenditure of the 2025 appropriation bill is N 144.231 Billion while Recurrent Expenditure is N 245.797 Billion.

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