Ogun IGR rises from N50bn in 2020 to N130bn in 2023- Finance Commissioner

Okubadejo 

Damilola Ajibola

The Ogun State Commissioner for Finance, Dapo Okubadejo, has disclosed that the state has witnessed remarkable financial growth with its Internally Generated Revenue, soaring from N50 billion in 2020 to over N130 billion in 2023.

Okubadejo who doubles as the Chief Economic Adviser to Governor Dapo Abiodun, said that the current administration in the last five years, had  established  six additional economic development clusters which has positioned the state as an industrial capital.

 “With the highest number of free trade zones in Nigeria and numerous industrial estates, Ogun State is poised to leverage the African Continental Free Trade Agreement.

“Ogun state has witnessed remarkable financial growth with our Internally Generated Revenue, soaring from 50 billion in 2020 to over 130 billion in 2023,” he said.

On the N5bn palliative intervention, the Commissioner assured residents of a transparent distribution of the N5 billion palliative initiative of the state government. 

Okubadejo said this while appearing as guest at a guest forum organised by the Nigeria Union of Journalists, NUJ , Ogun state council, on Thursday. 

The forum was organised to hold power to account and also get clarifications from government officials on grey areas in government policies. 

During his visit, Okubadejo noted that he had heard of complaints regarding the disbursement of the government’s gesture, stressing that “all ‘I’s will be dotted and ‘t’s crossed.” 

Earlier, the state NUJ Chairman, Comrade Wale Olarenwaju, said the purpose of the Forum was to provide a platform for interaction between government and the governed.

He noted that Governor Dapo Abiodun-led administration had recorded many achievements that placed the state ahead of others, making the ISEYA mantra an envy of others.