The Ogun State Government has presented the 2026 Appropriation Bill of ₦1.668 trillion to the State House of Assembly, marking a 63 percent increase from the 2025 fiscal year. Governor Dapo Abiodun, who laid the proposal before lawmakers, said the budget—tagged “Budget of Sustainable Legacy”—is structured to consolidate ongoing reforms, complete priority projects, and stimulate long-term economic growth under the administration’s ISEYA development pillars.
The proposed expenditure comprises ₦624.76 billion for recurrent obligations and ₦1.044 trillion for capital projects, reflecting the administration’s strong focus on infrastructure, job creation and social services. The state expects to generate ₦509.88 billion from internally generated revenue, ₦554.81 billion from statutory federal allocations, and ₦518.90 billion from capital receipts.
A breakdown of sectoral allocations shows that infrastructure leads with ₦526.15 billion, with significant provisions also made for education, health, housing and other critical sectors aimed at improving livelihoods and strengthening economic competitiveness.
Reviewing the performance of the 2025 Budget of Hope and Prosperity, the governor reported 60 percent pro-rata expenditure performance and 53 percent revenue performance as of September 30. He noted that Ogun State’s GDP has expanded to an estimated ₦17 trillion, while IGR has grown steadily from ₦52 billion in 2020 to nearly ₦192 billion in 2024, with a projection of ₦250 billion in 2025.
Governor Abiodun also highlighted landmark achievements, including the completion and certification of the Gateway International Airport, ongoing work on the Kajola and Ijebu-Ode Inland Dry Ports, and the construction or rehabilitation of over 1,500km of roads across the state.
He commended the Speaker and members of the House for their cooperation, passage of key legislation, and effective oversight. The governor appealed for accelerated consideration of the 2026 budget as the state prepares for major events next year, including the Gateway Afrobeat Drum Festival and activities marking the 50th Anniversary of Ogun State.
Governor Abiodun further expressed appreciation to traditional rulers, youth groups, labour unions, religious leaders, security agencies and civil servants for sustaining peace and stability in the state.