Builder Olusesan Daini, the Executive Chairman of Igbogbo-Baiyeku Local Council Development Area (LCDA), earlier today, 20th of December presented the 2025 Proposed budget to Legislative Arm of Igbogbo-Baiyeku LCDA, titled the “Budget of Accomplishment”. The proposed budget, valued at N3.5 billion, aims to consolidate ongoing projects and initiatives while fostering long-term growth and prosperity for the council.

In his address during the budget presentation, Builder Daini emphasized the core values underpinning the financial plan, including teamwork, resilience, and collective responsibility.

He stated that the budget represents the vision, plan, and financial strategies of the government, structured to meet the demands of the people and pave the way for long-term growth and prosperity.

The Council Chairman also reflected on the achievements of the outgoing fiscal year, showcasing the council’s impressive budget performance. The 2024 fiscal year recorded a 77.34% performance in recurrent expenditure and 32.1% in capital expenditure. Revenue performance stood at 77% from federal allocation, 67% from internally generated revenue (IGR), and an outstanding 123.7% from state-coordinated revenue sources.

For the upcoming fiscal year, the proposed N3.5 billion budget allocates 66% to recurrent expenditure and 34% to capital expenditure. He expressed confidence that the council’s fiscal strategies would not only sustain ongoing projects but also address the community’s pressing needs.

The budget presentation was attended by notable guests, including Asiwaju Olorunfunmi Basorun and Alhaji Lobito. Builder Olusesan Daini concluded that the policy document is a reflection of hard work and the council’s commitment to the people they serve.

The “Budget of Accomplishment” underscores the council’s determination to maintain transparency, efficiency, and accountability in delivering impactful projects to the people of Igbogbo-Baiyeku LCDA. The budget presentation marks a significant step in the council’s governance journey, and stakeholders anticipate further deliberations to approve and implement the proposed financial framework.