Makinde, Adeleke Present 2025 Appropriation Bills to Oyo, Osun States Lawmakers

*Osun has not taken any loan since I assumed office, says governor

Kemi Olaitan in Ibadan and Yinka Kolawole in Osogbo

Oyo State Governor, ‘Seyi Makinde, yesterday, presented the 2025 appropriation bill to the House of Assembly, with infrastructure development and education getting the lion’s share.
Similarly, yesterday, Governor Ademola Adeleke of Osun State presented a total sum of N390,028,277,740.00 to the House of Assembly in Osogbo as the 2025 appropriation bill of his administration.
Makinde, while presenting the budget proposal of N678,086,767,332.18 to lawmakers at the House of Assembly, Agodi, Ibadan, said the government planned to spend 51 per cent of the proposed budget on capital expenditure, and 49 per cent on recurrent expenditure.

According to the governor, infrastructure would get N152,265,859,738.19, which represents 22.46 per cent of the total budget estimate. He said that was a product of the feedback received from residents of the state across all the geopolitical zones during the stakeholders’ consultative forum organised to get residents’ inputs into the 2025 budget.
He added that the state would consolidate the economic gains garnered from the 2024 Budget of Economic Recovery and translate them into more tangible benefits for the people of the state.
As part of the increased infrastructure development drive, the governor disclosed that he recently approved the release of N2 billion to the contractor handling the ongoing reconstruction of the 48 kilometres Ido-Ibarapa Road project to fast-track the completion of another 12 kilometres road.
Makinde said the rehabilitation of inner roads would soon kick off in other zones outside the state capital, as they had been captured in the 2025 budget proposal.
He explained that the education sector got the second-highest appropriation in the 2025 budget proposal, with N145,354,783,399.80, representing 21.44 per cent.
The governor maintained that the renovation of 105 public primary schools under the World Bank-assisted Better Education Service Delivery for All (BESDA) programme had reached 95 per cent completion.
He said the government would fix at least 100 public secondary schools, while the 14,500 primary and secondary school teachers awaiting their letters of employment would benefit from the new N80,000 minimum wage.
Makinde said, “We are proposing a budget of N678,086,767,332.18. Of this, N343,028,948,216.20, which is 50.59 per cent is for capital expenditure, while N335,057,819,115.98, which is 49.41 per cent, is for recurrent expenditure.
“Having looked at the data, including current inflation trends and projections for the year 2025, our Budget of Economic Stabilisation is just about 35 per cent higher than our 2024 Budget of Economic Recovery.
“We kept in mind the fact that we want an implementable budget. As of October, our last budget was at about 65 per cent implementation as of Q3, which is five per cent short of our projection.
“We believe that our revenue options will support over 70 per cent implementation in 2025. Health and agriculture at N59,411,385,714.68 and N18,760,243,348.45 are about nine per cent and three per cent of the budget, respectively.
“We strongly believe that this budget will live up to its name as the economic stabilisation that will support our Oyo State Roadmap for Sustainable Development 2023-2027.
“Our plan is to bring more smiles into the faces of investors, smallholder farmers, micro and small entrepreneurs, our teachers and other public servants, our parents, our children, our youths, and all residents of Oyo State.
“My prayer is that you extend the same hand of fellowship and union that we have enjoyed over the years as you deliberate on the 2025 Appropriation Bill and grant its passage to the benefit of residents of our dear state.”
The governor, while reviewing the performance of the 2024 budget, declared that 118.07 kilometres of roads were delivered in the last one year, including the 76.67 kilometre Iseyin-Fapote-Ogbomoso road, named after former Governor Adebayo Alao Akala, and 43.46 kilometre of feeder roads, among others, while about 59.52km of feeder roads were ongoing.
He stated, “These roads have a tremendous impact on our people. I have seen people from the Ibadan zone calling to thank us to say what we are doing has eased the way people move around Ibadan. So, we will be extending the feeder roads reconstruction and rehabilitation to all other zones under this proposed budget.”
The governor further stated that the transport subsidy introduced under the SAfER initiative in August 2023 had helped about 30,000 residents to enjoy up to 50 per cent lower cost in transportation on a daily basis, with 75 buses currently operating in intra-city and inter-city routes.
He added that the administration’s determination to help residents recover from economic hardship also saw it providing support to thousands of smallholder crop and livestock farmers, including farm inputs distribution, low interest loans, and tractorisation support, while about 2,085 entrepreneurs received low interest loans to enable them boost their businesses.

Speaker of the House of Assembly, Rt. Hon. Adebo Ogundoyin, in his address, commended Makinde for presenting a comprehensive financial plan for the commencement of the second year of his Omituntun 2.0.

Ogundoyin said residents of the state were already benefiting from the administration’s socio-economic initiatives, infrastructural development, and economic growth.

He expressed confidence that the government would build on the successes of the 2024 budget in the 2025 fiscal budget by helping to drive socio-economic growth, foster economic recovery, and improve the overall quality of life for Oyo State residents.

The speaker assured that the Assembly would ensure the passage of the budget proposal after a thorough, but speedy, consideration.

Adeleke Presents N390bn Appropriation Bill to Osun Assembly

Adeleke presented a total sum of N390,028,277,740.00 to the state legislature as the 2025 appropriation bill.

In the budget tagged, “Budget of Reconstruction and Recovery,” the governor stated that the proposed budget was borne out of the need to reconstruct the damaged economy and infrastructural facilities of Osun State and set a fiscal stimulus against the effect of global economic recession.

He said, “It is also important to state that Osun State has not taken any loan (external or domestic). We rely solely on the prudent management of available resources to meet the yearnings and aspirations of the good people of Osun State. This is our goal and with God on our side we will not derail.”

Adeleke stressed that the 34th annual budget estimates since Osun State was created on August 27, 1999, would be in line with the existing Osun State Development Plan, 2023-2050.

According to him, “Our major focus, therefore, is to meet the yearnings of the good people of the state, complete all on-going projects, and embark on new ones where critically necessary.

“It is, indeed, with a high sense of duty, that I present the appropriation bill for the 2025 fiscal year. I acknowledge the maturity, discipline and patriotism behind your individual and collective conducts in your bid to uphold the democratic governance tenets.”

Adeleke, while giving an analysis of the proposed revenue and expenditure, explained, “The expenditure comprises capital expenditure of N144, 231,183, 800; recurrent expenditure of N245,797,093,940.00.”

He added that “recurrent expenditure is divided into personnel cost, which is made up of salaries and allowances, as well as pensions and gratuities and stands at N102, 895, 821,010.00. The balance of one N142,901,272,930.00) is set aside”.

While speaking on the revenue projection, the governor stated, “Our revenue consists of recurrent revenue, where government share of FAAC is N196, 778, 975,180.00 and independent revenue is N109, 870, 932, 830.00. Other receipts from development partners are N53,377,244,610.00.”

He used the opportunity to give his scorecard for the outgoing year 2024, saying his administration recorded unprecedented progress across the sectors, which will be unveiled in detail during the midterm anniversary holding later this month.

Adeleke said, “Our administration has reduced rural health access gap by 40 per cent through rehabilitation of over 200 Primary Healthcare Centres. We increase health care access to all pensioners from less than 10 per cent to 90 per cent within two years.

“We have closed road infrastructure gap and deficit by 50 per cent from 80 per cent; we have taken agric mechanisation from zero percent to 35 per cent; we built digital economy policy structures from zero per cent to 55 per cent and we built public service integrity from 25 per cent to almost 70 per cent. We have expanded local content from zero per cent to 75 per cent.

“We built climate agenda from zero per cent to over 70 per cent; we raised state financial support for cooperative societies from zero per cent to 66 per cent; we expanded financial support to ward cooperative societies from zero per cent to over 60 per cent.”

The governor added, “We built Ilesa University from 15 per cent to over 90 per cent and we redeveloped Odeomu Cooperative College to an HND institution.

“Also, we have increased Osun Google coverage from 20 percent to 65 per cent; we launched phased bursary award from zero per cent to 40 per cent; we liquidated 40 per cent of inherited salary debt and paid up over 35 per cent of inherited pension debt.

“We have improved school infrastructure by over 40 per cent and enhanced rural Infrastructure by over 40 per cent with over 300 completed rural projects.”