Osun state Governor, Senator Ademola Adeleke has presented a N390 billion 2025 budget estimate before the State House of Assembly.
The governor, while presenting the budget said capital expenditure was pegged at N144,231,183,800, while recurrent expenditure would gulp N245,797,093,940.
Adeleke said: “The total size of the Budget 2025 is 390,028,277,740. Recurrent expenditure is divided into Personnel cost, which is made up of salaries and allowances, as well as Pensions and Gratuities and stands at ₦102,895,821,010.
The balance of ₦142,901,272,930 is set aside.
“Our Revenue consists of recurrent revenue, where the government share of FAAC is ₦196,778,975,180 and Independent Revenue is ₦109,870,932,830. Other receipts from development partners are ₦53,377,244,610.”
