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    OGUN STATE GOVERNOR DAPO ABIODUN SETS ₦500 BILLION REVENUE TARGET FOR 2026 BUDGET AT TREASURY BOARD MEETING

    Wednesday, November 12, 2025, November 12, 2025 WIB Last Updated 2025-11-13T06:43:01Z



    November 12, 2025

    Yesterday, The Ministry of Finance, Ogun State the government agency that Provides financial and economic advice to the Governor and Executive Council on fiscal and economic matters, Expenditure Control, Debt and Investment Management, Revenue Generation and Management, Financial Policy Development that implements policies that strengthen transparency, accountability, and good governance in public finance and Budget Planning that prepares, monitors, and evaluates the state’s annual budget to ensure alignment with government priorities.

    The ministry of finance is headed by the Honourable Commissioner for Finance and Chief Economic Adviser, currently Prince Dapo Okubadejo, under the administration of His Excellency, Prince Dapo Abiodun, CON, Governor of Ogun State.


    The Honourable Commissioner for Finance and Chief Economic Adviser, Hon. Prince Dapo Okubadejo, joined His Excellency, Prince Dapo Abiodun, CON, at the Treasury Board Meeting on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and 2026 Budget, held at the Obas Complex, Oke-Mosan, Abeokuta.

    During the meeting, Governor Abiodun charged all Ministries, Departments, and Agencies (MDAs) to work collectively toward generating ₦500 billion to fund the 2026 Budget. He emphasized the need for innovation, accountability, and creativity in revenue generation, noting that the Ogun State Internal Revenue Service (OGIRS) would be responsible for ₦250 billion, while other revenue-yielding MDAs are expected to contribute the remaining ₦250 billion.





    In the opening remarks, Hon. Prince Okubadejo reaffirmed the State Government’s unwavering commitment to transparency, efficiency, and accountability in fiscal governance. He described the Treasury Board Meeting as more than a statutory requirement, calling it “a strategic platform for reflection, evaluation, and collaboration to strengthen the foundations of good governance.”

    Commending the MDAs for their professionalism throughout the budget preparation process, the Commissioner urged them to defend their proposals with clarity, data, and measurable outcomes to ensure effective budget implementation. He stressed that collective effort remains key to aligning fiscal priorities with the State’s broader developmental objectives.


    Culled: KSA (TNT) 


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