By Our Reporter
Osun State Governor, Mr. Ademola Adeleke, has signed the 2026 state’s appropriation bill of N723.4bn to Law, assuring its full implementation to consolidate and expand governance through service deliveries in line with the 5- point agenda of his administration.
Governor Adeleke said this at a ceremony held at Osun Government House, Osogbo, on Monday, where the bill was signed, noting that the final year of his administration's first term is focused on "expanded ambitions to complete ongoing projects and launch new initiatives for the good of our people."
Adeleke, flagged by the Deputy Governor, Kola Adewusi; the Speaker, Osun House of Assembly, Adewale Egbedun and the Chief of Staff (COS) to the Governor, Kazeem Akinleye, recalled that his administration had in the last three budget years laid solid foundation for the sustainable development of the state.
"We completed many abandoned projects and launched new ones. We paid billions of naira in pension and salary debt. We targeted workers welfare and approved and implemented payments of promotions arrears and paid many allowances which the previous government neglected.
"Our government touched previously neglected sectors, pouring funding into agricultural mechanisation, health and school rehabilitation, new five star stadium at Osogbo, over 250 kilometers of roads across the state, six different road dualisation in five major towns, three major flyover bridges to ease traffic congestion, innovations in energy, science and climate change among others," he said.
Governor Adeleke said his administration had ensured value for money in project selection and execution; noting that his administration had moderated the cost of project implementation and reform the procurement process in line with global best practices.
"We implemented local content policy. We stop capital flight which ensures Osun money service Osun people. We approved close to Four Billion Naira for disbursement into the cooperative movement. This is deepening the grassroots economy and fostering inclusive financing.
"We boost the domestic economy through an improved business environment. Ease of doing business was enhanced through tax harmonization to avoid multiple taxation, through a 45 days window for acquisition of Certificate of Occupancy. Our moribund free trade zones were reactivated and investment inflow has tripled from almost zero in 2022 to almost 40 percent increase under three years. Osun is today attracting multiple business delegations from all over the world," the governor stated.
Speaking further, Adeleke said the outcome and outputs of the last three years’ appropriation processes had been very positive, disclosing that the state came first in the South West on Primary Health care access for both 2024 and 2025.
This was just as he noted that the state had garnered several unsolicited local and international awards in recognition of his administration's performance in office, saying that the state government's good work was an open book which many observers acknowledged.
"We thank the public for their praises and acknowledgement of our contributions for state development,” he said.
Speaking on the importance of Budget 2026, Governor Adeleke said his team had resolved to consolidate achievements across the sectors, describing the year 2026 as a dual year of renewal of mandate and rolling out of a new agenda for the next four years.
According to him, "The consolidation for 2026 is a year of continuation, of further good governance and of continuity for sustainable governance.
"2026 is a loaded era as an election year when by God and people, our mandate will be renewed. But we should not allow governance to suffer. We must multi-task. We promise Osun people full implementation of the new appropriation act.
"I charge each ministries and agencies to follow the established timelines for the budget execution. We will continue to focus on people’s welfare and complete all ongoing projects and programmes."
The Osun State House of Assembly approved the 2026 Appropriation Bill on December 25, following an upward revision from N705.7bn to N723.4bn.
A statement by Olamide Tiamiyu, Chief Press Secretary to the Speaker of the Osun Assembly, said the bill was passed after "comprehensive deliberations and legislative scrutiny."
It would be recalled that the 2026 Osun Appropriation Bill, titled: “Budget of Economic Transformation,” was presented to the Assembly on November 12 by Governor Adeleke.
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