The State House of Assembly has approved an upward review of the State’s budget, increasing it from ₦678 billion to ₦684 billion naira.
This approval came after the House Committee on Finance, Appropriation, and State Economic Planning presented its report read by its Chairman, Hon. Sunkanmi Babalola representing Egbeda State Constituency.
The plenary was presided over by the Speaker, State House of Assembly, Right. Hon. Adebo Ogundoyin who noted that one major reason for the review of the 2025 budget is to accommodate emerging priorities and critical projects that will drive economic growth, improve infrastructure, and enhance the overall well-being of our citizens.
It will be recalled that, Governor Seyi Makinde on November 13, 2024 had presented a budget proposal of Six hundred and Seventy-Eight billion, Eighty-Six million, Seven hundred and Sixty-Seven thousand, Three hundred and thirty-Two-naira, Eighteen kobo (#678,086,767,332.18).
The house has adjourned its sitting till January 21st 2025.
