He lauded the stride to the determination of the state Governor, Dapo Abiodun’s administration to pursue good governance in developing the economic potential of the state.
He said this on Monday during the media briefing for the 2024 budget presentation held at the Olusegun Osoba Press Center inside the Governor’s Office, Oke Mosan, Abeokuta.
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According to Okubadejo, the state aims to generate N240 billion in internal revenue (IGR) this year, with a budget of N703 billion.
He said, “The economy of Ogun State when we started in 2019 was much lower but it is now over N6trn. To give a sense to this, the budget of the whole country is N28trn, and the totality for the states is N17trn out of which Ogun has N703bn making us to be number five in the country.
“We actually started with a budget of over N300bn but within four years, we have doubled this with a budget performance of 75 per cent in a few years, we would be talking of a trillion budget. Our land mass alone is 16000 per square metres with so many resources to be harnessed.”
