Ogun State Governor, Dapo Abiodun has presented a total of N1.055 trillion to the State House of Assembly as the State’s proposed budget for 2025.
Speaking at the Assembly’s Complex, Oke-Mosan, Abeokuta, Governor Abiodun said the budget, tagged “Budget of Hope and Prosperity,” is made up of N453.56 billion as recurrent expenditure and N600.98 billion as capital expenditures.
Giving highlights of the appropriation, the governor said N120.1 billion would go for personnel costs, N37.49 billion for consolidated revenue cost, public debt charges would take N76.07 billion, while N219.86 billion would be spent on overhead costs.
Advertisement
On some of the key physical capital projects that would be executed in the 2025 budget, Governor Abiodun listed the renovation of general and State hospitals and the purchase of laboratory and medical equipment…