Politics

Oyebanji signs N375.7bn 2025 budget, promises infrastructure, food security

Ekiti State Governor Biodun Oyebanji has signed the N375.7 billion 2025 budget into law following its passage by the State House of Assembly.

Oyebanji assented to the budget tagged, “Budget of Sustainable Impact,”, at the Executive Council Chamber of the Governor’s office in Ado-Ekiti, the state capital, on Monday, December 30, 2024.

Oyebanji

The governor thanked the lawmakers for the prompt passage of the appropriation bill, adding that the budget would revive the economy of Ekiti State and further drive the shared prosperity agenda of his administration.

It would be recalled that Governor Oyebanji presented the appropriation bill to the lawmakers on October 29, 2024, with the assurance that his government was making an effort to bridge the infrastructure deficit, ensure food security, wealth creation, and welfare of the people, enhance productivity of the people and the economy as well as create the enabling environment for investors to increase the state’s Gross Domestic Product (GDP).

Oyebanji: I’ve achieved 90% of my promises to Ekiti people

He said it has been his tradition to ensure that appropriation bill is signed into law before the end of the year in order to maintain the January to December budget cycle in line with the tenets of fiscal discipline and his governance agenda.

Oyebanji added that he was happy that he has kept faith with this in fulfilment of his commitment to working on his talk.

Oyebanji highlighted his top priority agenda for 2025 to include agriculture and food security, wealth creation, and infrastructural development, adding that the document would allow his administration to consolidate on the achievements recorded so far, and complete all ongoing projects as well as provide the required infrastructure for the economic transformation of the state.

While commending President Bola Tinubu for “various reforms that have attracted more funds to Ekiti State, Governor Oyebanji said: “As we are all aware, successful implementation of the budget depends to a very large extent on the availability of funds.

“To this end, let me specially appreciate and commend the president, Asiwaju Bola Tinubu, and his team for the economic reforms that have been embarked upon to correct the structural problems confronting our economy and engender a sustainable development.”

The Star