By Biola Lawal
Ede (Osun): A new dawn of development has beckoned in Ede South Local Government as the Executive Chairman, Hon. Afolabi Lukman presented the 2026 proposed N5.7 Billion Naira budget of the council to the Osun State House of Assembly.
The budget proposal which was presented on Tuesday, totalled ₦5,750,039,310 (Five Billion, Seven Hundred and Fifty Million, Thirty-Nine Thousand, Three Hundred and Ten Naira) outlined key priorities aimed at economic empowerment and improved living standards for residents of the area.
The document shows that the entire projected inflow is expected from revenue sources, as no borrowing was proposed by the local government, a statement by the Media Department Office of the Executive Chairman
Ede South Local Government, disclosed.
According to the estimates, total recurrent expenditure stands at ₦4,050,039,310 (Four Billion, Fifty Million, Thirty-Nine Thousand, Three Hundred and Ten Naira), while ₦1.7 billion (One Billion, Seven Hundred Million Naira) is allocated for capital expenditure.
A further breakdown of the budget indicates that ₦2,550,039,310 (Two Billion, Five Hundred and Fifty Million, Thirty-Nine Thousand, Three Hundred and Ten Naira) is earmarked for personnel costs. In addition, ₦1.5 billion (One Billion, Five Hundred Million Naira) is allocated to other recurrent non-debt expenditures. The capital component of ₦1.7 billion is expected to fund infrastructure projects and social interventions across communities in the local government area.
Presenting the proposal, Hon. Afolabi stated that the 2026 budget is designed to stimulate internally generated revenue in order to reduce dependence on federal allocation.
He explained that priority areas include the rehabilitation and construction of rural feeder roads, as well as the promotion of agricultural activities such as crop farming, poultry, and piggery to serve as both income sources and demonstration projects for local farmers.
Other objectives outlined in the budget include the construction, renovation, and stocking of public libraries to improve educational standards, continuous provision of free medicare through local government health facilities, and the implementation of skills acquisition and entrepreneurship programmes aimed at empowering youths and other residents.
The proposed estimates also emphasize improved security of lives and property, sustained access to potable water through regular maintenance and sinking of boreholes and deep wells, and increased public enlightenment to keep citizens informed about government activities while encouraging feedback.
Hon. Afolabi noted that the 2026 proposed estimates reflect the action plan of the current administration in Ede South Local Government and are geared toward inclusive development.
The Osun State House of Assembly received the budget proposal for legislative consideration as part of the process leading to its approval for the 2026 fiscal year.
The Chairman was accompanied by his Vice, Hon Muritala Salami, the Executive Secretary, Hon Usman Hammed Alabi Oloseluoni, Head of Local Government Administration, Dr Adewale Adedapo.
Others are; Ede East Area Council Caretaker Chairman ,Hon Hassan Oyelola, his vice, Hon Emilly Adiamon, and Secretary, Hon Aminu Adebayo, among others.
About Flowerbudnews
Established by Hon. Biola Lawal, a former Acting Managing Director of the News Agency of Nigeria (NAN), FLOWERBUDNEWS is a consortium of active veteran journalists, experienced Multimedia broadcast experts and image makers.
We are drawn from both public and private sectors of Nigeria’s media Industry with a common determination to enhance the practice of responsible journalism..
Lawal, on his part, is also a former Honourable Commissioner for Information,Youth, Sports and Culture of Osun state, his home state.
Biola Lawal had also successfully served two tenures as Press Secretary to the ECOMOG Force Commander in Liberia during the Liberian and Sierra Leone Civil wars. He was an outstanding NAN Defence and War Correspondent for many years.
The retired NAN Acting Boss holds the honour of being the only journalist that served two terms on the ECOMOG international assignment due to his high professionalism and decency.
He is a Co-Author of the book; ECOMOG, A BOLD ATTEMPT AT REGIONAL PEACEKEEPING! Edited Mrs Magaret Voght. The book remains the most. factual, detailed and authentic book on the ECOWAS sponsored ECOMOG Military operation.