Governor Ademola Adeleke of Osun State has signed the 2026 Appropriation Bill into law.
The governor also pledged full implementation of the budget as his administration entered the final year of its first term, during a signing ceremony held in Osogbo on Monday.
He was accompanied by the Deputy Governor, Kola Adewusi; the Speaker of the House of Assembly, Adewale Egbedun; the Chief of Staff, Kazeem Akinleye; the Head of Service, Elder Ayanleye Aina; and members of the State Executive Council.
Speaking after assenting to the bill, Governor Adeleke said “the 2026 budget was designed to consolidate and expand governance and service delivery in line with the administration’s five-point agenda.”
Describing the exercise as a transition into his expanded ambitions for the state, he added that his administration’s performance had attracted public admiration.
According to him, the new fiscal year marks “the final year of our first term with expanded ambitions to complete ongoing projects and launch new initiatives for the good of our people.”
The governor said the past three budgets had laid a solid foundation for sustainable development, noting that abandoned projects were completed and new ones initiated.
He added that billions of naira had been paid to clear pension and salary backlogs, alongside the settlement of promotion arrears and allowances.
Adeleke listed investments in agricultural mechanisation, health facilities, school rehabilitation, road construction, flyover bridges and the construction of a new stadium in Osogbo among the achievements recorded under previous budgets.
He stated that his administration “ensured value for money through procurement reforms and local content policies” and disclosed that close to N4bn had been approved for cooperative financing.
“We stopped capital flight which ensures Osun money serves Osun people.”
On economic reforms, the governor said the state had improved its business environment through tax harmonisation and reduced timelines for the issuance of Certificates of Occupancy, adding that investment inflows had risen significantly since 2022.
He also highlighted improvements in social indicators, including access to primary healthcare, performance in national examinations and a reduction in the state’s debt profile, citing data attributed to the Federal Debt Management Office.
Adeleke said the administration had received several local and international awards, which he described as unsolicited recognition of its performance, and thanked residents for what he called their support and encouragement.
Addressing the 2026 budget specifically, the governor said it would be a year of consolidation and continuity, noting that it also coincides with the election cycle.
“We must multi-task and ensure governance does not suffer,” he said.
He assured residents of full budget implementation, charging ministries and agencies to adhere strictly to execution timelines, and expressed gratitude to the people of Osun.
