close
Tuesday, December 31, 2024

Gov. Abiodun signs N1.05 trillion 2025 budget into law

He appreciated members of the assembly for the speedy passage of the bill after due diligence.

• December 30, 2024
Dapo Abiodun
Dapo Abiodun (Photo Credit: @dabiodinMFR)

Gov. Dapo Abiodun of Ogun has signed the N1.054 trillion 2025 state appropriation bill into law.

The signing took place at the Governor’s Office on Monday, in Abeokuta, witnessed by the Speaker of the House of Assembly, Oludaisi Elemide and principal officers of the House.

Speaking after signing the bill, Mr Abiodun announced that his administration would, in the coming month, sign the partnership agreement with potential partners for the development of the Olokola Sea Port.

He said that the government would also focus on the provision of more basic infrastructure with the signing of more Memoranda of Understanding (MoU) with private corporate bodies in renewable energy, agriculture, and other sectors.

The governor said that the state intended to join the league of those producing beef and pork, not just for domestic consumption but for export.

He said that his administration would be relentless in the pursuit of infrastructure that would engender more socio-economic development.

Mr Abiodun acknowledged the difficulties people were going through due to the bold policies of President Bola Tinubu’s administration, to pull the country out of the woods.

He said that his administration had risen to the occasion by providing needed palliatives to cushion the effects and help the people navigate the period.

“I want to assure you that we can only hope for more wins in the future. It has been a very difficult year for us all, not just as a state but as a country.

“Our President, Bola Ahmed Tinubu, started his tenure with very bold reforms that have resulted in some unintended consequences that we must all endure so that we can have a country that is solvent,” the governor said.

He appreciated members of the assembly for the speedy passage of the bill after due diligence and commended their high level of commitment to their constituents and the state.

Earlier, Mr Elemide said that the speedy passage of the bill was in keeping with the promise made to the governor when he presented it to the assembly.

He assured that the assembly would continue collaborating with the other arms of government to ensure that the people enjoyed the dividends of democracy.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Abubakar Kyari

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Emirates, Turkish, Virgin Atlantic

Economy

NAHCO seals deal with three Emirates, Turkish, Virgin Atlantic

The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has sealed the extension of handling contracts with three international carriers.

First Bank office with staff

Economy

Nigeria’s First Bank sacks 100 top officials amid financial distress

First Bank has reportedly sacked 100 of its top staff members as Nigeria continues to face financial crises under President Bola Tinubu.

Gisèle Pelicot

World

Gisèle Pelicot Rape: Seventeen men appeal sentences

Mr Pelicot, the orchestrator of the drugging and raping of his wife, will not appeal his 20-year prison sentence.

Bandits; Australian PM

World

Don’t travel to Nigeria; civil violence, terrorism likely to break out soon: Australian Govt

“There’s a high risk of terrorist attacks across Nigeria by various militant groups. Attacks could be indiscriminate or may target foreign interests,” the travel advisory stressed.

Liam Payne

Showbiz

Liam Payne: Hotel manager, receptionist charged with manslaughter

Hotel employee Ezequiel Pereyra and waiter Braian Paiz are facing charges of supplying drugs to the singer.

Violent gang in Trinidad and Tobago

World

Trinidad and Tobago declares state of emergency over escalating gang violence

Mr Young disclosed that the police service “dictated and mandated the necessity of this extreme action that we took this morning.”