Hon. Olowa Unveils 2025 Budget of Growth and Innovation
The Executive Chairman of Ibeju-Lekki Local Government, Hon. (Engr.) Abdullahi Sesan Olowa, on Tuesday presented the 2025 budget, themed "Budget of Growth and Innovation," to the 9th Legislative Council led by Hon. Mojeed Oluwafemi Olayinka.
During the presentation at the Legislative Chambers, Hon. Olowa highlighted the administration's commitment to participatory governance and provided a review of the 2024 budget, which he described as satisfactory. He noted its focus on economic relief programs, support for small businesses, youth empowerment through sports, environmental sustainability, healthcare accessibility, and infrastructural development.
The 2025 budget is structured around six strategic pillars:
- Economic Development and Business Support
- Infrastructure and Smart City Initiatives
- Technology and Digital Transformation
- Sustainability and Climate Resilience
- Community and Social Service Innovation
- Collaboration and Partnerships
Hon. Olowa expressed optimism about the year ahead, pledging to deliver people-oriented programs that would drive growth and improve the lives of residents.
The Leader of the Legislative Council, Hon. Mojeed Olayinka, commended the Executive Chairman for his exemplary leadership and emphasized the need for collective responsibility in governance. He assured the Executive arm of the legislature’s continued support to achieve a greater Ibeju-Lekki.
Funding for the 2025 budget will be sourced from the Federal Account Allocation Committee (FAAC), internally generated revenue, and state-coordinated revenue. The budget promises significant benefits for the people of Ibeju-Lekki through programs designed to foster growth, innovation, and inclusivity.
The event was attended by key stakeholders, including representatives of Hon. Bayo Balogun, Member of the Federal House of Representatives, traditional rulers, leaders of the Christian Association of Nigeria (CAN), the League of Alfas and Imams, Ibeju-Lekki People's Forum, and the National Youth Council of Nigeria (NYCN).
Akadiri Ayorinde
Chief Press Secretary, Ibeju-Lekki Local Government
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