The Ogun State House of Assembly has passed the Year 2026 Appropriation Bill totaling N1,668,997,993,125.44, barely 26 days after it was presented by the Governor of the state, Prince Dapo Abiodun.
The passage followed the presentation of the report of the House Committee on Finance and Appropriation by its Chairman, Hon. Musefiu Lamidi, who moved the motion for the adoption of the report.
The motion was seconded by Hon. Folawewo Salami and supported by members of the House through a voice vote during the plenary presided over by the Speaker, Oludaisi Elemide, at the Assembly Complex, Oke Mosan, Abeokuta.
The bill was subsequently considered clause by clause at the Committee of the Whole House, after which the Majority Leader, Yusuf Sheriff, moved the motion for its third reading.
The motion was seconded by the Minority Leader, Lukman Adeleye, and unanimously supported by all the lawmakers.
The Clerk and Head of the Legislative Service, Mr. Sakiru Adebakin, thereafter read the bill for the third time, following which the Speaker directed that a clean copy of the Appropriation Bill be transmitted to the Governor for assent.
While presenting the report on the bill titled “H.B. No. 028/OG/2025 Year 2026 Appropriation Bill,” Hon. Lamidi disclosed that the Assembly adjusted the budget proposals of three Ministries, Departments, and Agencies.
According to him, the adjustments resulted in an upward review of the Internally Generated Revenue by N2.193 billion, while the same amount was deducted from the capital receipts, thereby retaining the total budget size of N1.668 trillion earlier presented by the Governor.
In a related development, the Assembly also passed the Year 2025 Revised Appropriation Bill, as well as the Revised Medium Term Expenditure Framework for the 2026 to 2028 fiscal years.
