Ogun State Governor Dapo Abiodun on Wednesday presented the Year 2026 Appropriation Bill of N1,668,997,993,125.44 to the State House of Assembly, proposing N624.76bn for recurrent expenditure and N1.044tn for capital projects.
The 2026 budget, titled “Budget of Sustainable Legacy,” was laid before lawmakers during the plenary session presided over by Speaker Oludaisi Elemide.
Providing the breakdown, the governor stated that personnel costs would amount to N167.92bn; consolidated revenue charges were set at N65.80bn; public debt charges at N99.98bn; and overhead costs at N291.06bn, while N1.044tn would fund capital projects.
In the sectoral allocation, Governor Abiodun noted that education would receive N275.40bn (17%); health N210.59bn (13%); housing and community development N166.96bn (10%); and agriculture and industry N40.54bn (2%). Infrastructure was allocated N526.15bn (32%), while recreation, culture and religion were allotted N42.24bn (3%).
Other allocations included social protection with N72.82bn (4%); General Public Service – Executive Organ with N55.65bn (3%); General Public Service – Financial and Fiscal Affairs with N52.30bn (3%); and General Personnel Service with N3.86bn (0.2%). Public order and safety was allotted N36bn (2%); economic affairs N7.45bn (0.4%); the judiciary N15.70bn (1%); and the Legislature N33.67bn (2%), while N129.67bn (8%) was reserved for statewide interventions.
On funding, the governor said, “total State funding is estimated at ₦1,668,997,993,125.44 (One Trillion, Six Hundred and Sixty-Eight Billion, Nine Hundred and Ninety-Seven Million, Nine Hundred and Ninety-Three Thousand, One Hundred and Twenty-Five Naira, Forty-Four Kobo) for the year 2026.”
He added, “The revenue composition includes an estimated ₦250.00 billion from the Ogun State Internal Revenue Service (OGIRS) and ₦259.88 billion from other Ministries, Departments, and Agencies (MDAs), totalling ₦509.88 billion in IGR. Funding from the Federal Government (FAAC revenue), including Statutory Allocations, Value Added Tax, and other shared revenues, is projected at ₦554.81 billion. Capital receipts are estimated at ₦518.90 billion, comprising internal and external loans as well as grants.”
Governor Abiodun explained that the budget was crafted to tackle ongoing developmental challenges and deploy sustainable solutions across sectors, aligning with the State Development Plan (2018–2030) and the Economic Development Strategy. The priorities include fiscal responsibility, human capital development, improved infrastructure, energy sufficiency, a business-friendly environment and SME-driven industrial growth.
He stressed that the 2026 Appropriation Bill—the seventh under his administration—was aimed at sustaining and consolidating the state’s transformation drive, with emphasis on infrastructure, education, healthcare, housing, food security, youth development, job creation and better public service delivery.
According to him, the proposals balanced fiscal discipline with enhanced service provision to drive growth, reduce inequality and improve living standards. He added that the document serves as a roadmap for economic consolidation, long-term investment and shared prosperity.
Assessing the outgoing 2025 budget, the governor disclosed that as of 30 September 2025, the state had achieved 58% of its pro-rated revenue target and 52% of its pro-rated expenditure target, describing the performance as evidence of fiscal discipline and a strong base for the 2026 budget. He expressed confidence that year-end performance would reach between 70% and 75%.
Outlining key programmes for 2026, the governor highlighted the 2026 Gateway Afrobeat Drum Festival and the state’s 50th anniversary as major cultural and economic events expected to boost unity, tourism, investment and enterprise.
Major capital projects include the construction of 450km of roads, expansion of the Ogun Light-Up Project, development of agro-processing facilities, school upgrades, healthcare improvements, delivery of 3,000 new housing units, completion of the Gateway International Airport Terminal and development of the Gateway International Conference and Exhibition Centre (CCEC).
Additional projects include upgrades of stadia in Sagamu, Ijebu-Ode and Ilaro; a new revenue house for OGIRS; completion of the 2,500-seater State Banquet Hall; renovation of the Governor’s Lodge in Abuja and Government House in Abeokuta; and various PPP ventures, including the Olokola Deep Sea Port, dairy farms, a major theme park and what the governor described as the world’s largest cotton factory, expected to employ over 250,000 people.
According to him, “Beyond figures, the heart of the budget lies in its commitment to improving lives and safeguarding the future of residents.”
He urged commissioners and accounting officers to defend their proposals transparently and ensure efficient implementation.
“Mr. Speaker and the Honourable members, as we look to the year 2026, I am confident that, with divine guidance and our collective resolve, Ogun State will continue to chart a path of sustainable growth and shared and prosperity,” he stated.
Earlier, Speaker Oludaisi Elemide noted that the Assembly had considered 19 bills—passing 11—and adopted 56 resolutions across key sectors, while resolving over 100 matters relating to land, chieftaincy, the environment and transport unions. He called for a Special Court to handle Anti-Land-Grabbing Law cases, noting that such disputes account for more than 90% of petitions before the House.
The Speaker thanked the governor for approving the recruitment of new staff and requested the engagement of more professionals, an upward review of the legislative salary structure and cadre elongation for Official Reporters. He also reiterated the call for financial autonomy for the Legislature and urged MDAs to submit their proposals early ahead of the 2026 budget defence sessions.
In closing, the Speaker described the Budget of Sustainable Legacy as a renewed commitment to advancing the state’s socio-economic development and assured that the Legislature would ensure timely passage of the appropriation bill while sustaining collaboration with other arms of government for the welfare and progress of the state.
