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    MarketForces Africa » MarketForces News » Ogun Assembly Passes 2025 Appropriation Bill of N1.054trn

    Ogun Assembly Passes 2025 Appropriation Bill of N1.054trn

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 24, 2024 News No Comments2 Mins Read
    Ogun Assembly Passes 2025 Appropriation Bill of N1.054trn
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    Ogun Assembly Passes 2025 Appropriation Bill of N1.054trn

    The Ogun House of Assembly on Tuesday in Abeokuta passed the 2025 Appropriation Bill of N1.054 trillion with slight adjustments in the recurrent expenditures of 21 agencies.

    The capital expenditures of five agencies were also slightly adjusted alongside the revenue targets of  two agencies. The passage of the appropriation bill followed the presentation of the report of the House Committee on Finance and Appropriation by its Chairman, Musefiu Lamidi (APC-AdoOdo/Ota 11).

    Lamidi, thereafter, moved the motion for the bill’s adoption, with his Deputy, Wahab Haruna (APC-Yewa North 1) seconding it and the Whole House supporting it during plenary. The motion for the third reading was moved by the  Majority Leader, Yusuf Sheriff (APC-Ado Odo/Ota 1) and seconded by the Minority Leader, Lukman Adeleye (PDP-Odogbolu).

    Mr Sakiru Adebakin, the House’s Clerk, then read the bill for the third time before the state lawmakers. The Speaker, Mr Oludaisi Elemide (APC-Odeda), therefore directed that the bill’s clean copy be forwarded to the state governor, Dapo Abiodun, for his assent.

    Gov. Abiodun had on Dec. 4 presented a budget of N1.054 trillion for 2025 to the State House of Assembly for its approval. #Ogun Assembly Passes 2025 Appropriation Bill of N1.054trn#

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    Ogun State House of Assembly
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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