Politics
Adeleke Makes Fresh Promises As He Presents N390B Budget For 2025
described his administration as an agent of development
Governor Ademola Adeleke has described his administration as an agent of development that has positively touched all sectors of Osun society within just two years in Office.
He made the pronouncement while presenting Budget 2025 to the State House of Assembly in the presence of lawmakers and members of the State Executive Council in an annual event hosted by the House Speaker, Right Honourable Adewale Egbedun.
The Governor noted that “the total size of the Budget 2025 is Three Hundred and Ninety Billion, Twenty Eight Million, Two Hundred and Seventy Seven Thousand, Seven Hundred and Forty Naira Only (390,028,277,740.00).
“The expenditure comprises Capital Expenditure of One Hundred and Forty-Four Billion, Two Hundred and Thirty-One Million, One Hundred and Eighty-Three Thousand, Eight Hundred Naira (N144,231,183,800.00), Recurrent Expenditure of Two Hundred and Forty Five Billion, Seven Hundred and Ninety Seven Million, Ninety Three Thousand, Nine Hundred and Forty Naira Only (N245,797,093,940.00).
“Recurrent Expenditure is divided into Personnel cost, which is made up of salaries and allowances, as well as Pensions and Gratuities and stands at One Hundred and Two Billion, Eight Hundred and Ninety Five Million, Eight Hundred and Twenty One Thousand, Ten Naira Only( ₦102,895,821,010.00). The balance of One Hundred and Forty Two Billion, Nine Hundred and One Million, Two Hundred and Seventy Two Thousand, Nine Hundred and Thirty Naira Only( ₦142,901,272,930.00 ) is set aside.
“Our Revenue consists of Recurrent Revenue, where Government share of FAAC is One Hundred and Ninety Six billion, Seven Hundred and Seventy Eight Million, Nine Hundred and Seventy Five Thousand, One Hundred and Eight Naira Only (₦ 196,778,975,180.00 and Independent.
