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Ogun Assembly Approves ₦2.086 Trillion MTEF for 2027

Politics
Ogun Assembly Approves ₦2.086 Trillion MTEF for 2027

The Ogun State House of Assembly passed the Medium-Term Expenditure Framework (MTEF) for the fiscal years 2027 to 2029, effective from September 8. The framework was presented by Honourable Musefiu Lamidi, chairman of the House Committee on Finance and Appropriation, who moved for its adoption.

Honourable Lukman Adeleye seconded the motion, which received unanimous support from all members. Speaker Oludaisi Elemide presented the MTEF sector-by-sector, and Honourable Omolola Bakare moved for its approval, again seconded by Honourable Adeleye.

The Speaker, through a statement from the assembly’s Head of Information Unit, Jamiu Lawal, instructed the Clerk/Head of Legislative Service, Mr Sakiru Adebakin, to send clean copies of the approved framework to Governor Dapo Abiodun and relevant agencies for the preparation of the 2027 budget and subsequent budgets. The MTEF outlines budget proposals of ₦2.086 trillion for 2027, ₦2.294 trillion for 2028, and ₦2.524 trillion for 2029.

Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.

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