By Erewunmi Peace

Osun State Governor, Senator Ademola Adeleke, on Wednesday presented a ₦705 billion 2026 appropriation bill to the State House of Assembly, describing it as a “Budget of Economic Transformation.”

The presentation, held at the Assembly Complex in Osogbo, was witnessed by lawmakers, cabinet members, and top government officials. Governor Adeleke said the 2026 budget aims to consolidate ongoing infrastructure projects, enhance human capital development, and stimulate sustainable economic growth across the state.

According to the Governor, the budget proposes ₦317.4 billion for recurrent expenditure, representing 45 percent, and ₦388.4 billion for capital expenditure, amounting to 55 percent of the total estimates.

He emphasized his administration’s commitment to fiscal discipline, transparency, and accountability, assuring that every allocation will directly impact citizens’ welfare.

In his response, the Speaker of the Osun State House of Assembly, Rt. Hon. Adewale Egbedun, commended Governor Adeleke for what he described as a transparent and people-focused administration. The Speaker, however, noted that the House would carefully scrutinize the budget to ensure effective implementation and value for money.

The 2026 budget presentation marks another milestone in Adeleke’s administration as it continues efforts to expand infrastructure, boost job creation, and strengthen governance across Osun State.