A total sum of N100.02 Billion has been earmarked by the Ogun State Government for the 2009 Fiscal year with the largest chunk of twenty-six percent going to the economic affairs. Governor Gbenga Daniel who gave the figure while presenting the Budget Proposal Bill to the State House of Assembly, said with the global economic downturn articulated economic policies, sound fiscal management among others are needed to achieve improved welfare for the citizenry.

The 2009 Appropriation Bill as presented by Governor Gbenga Daniel to the Ogun State Lawmakers takes cognizance of the on-going global financial crisis and ways of cushioning its effects on the economy of the State. Highlighting features of the 2009 Budget Proposal, Governor Daniel said in pursuance of the State Government’s policy of Integration of Global / Regional Development Agenda into development programmes of the State, the Millennium Development Goals (MDG’s) and the principles of the New Partnership for Africa Development (NEPAD) have already been incorporated into the State Development Process.

The Ogun State Governor also hinted that construction works on the Gateway International Airport comprising runway, terminal building and control tower would be flagged off, ground breaking and construction of the Free Trade Zones and Deep Sea Port would commence with the adoption of Public Private Partnership. Earlier in his address of welcome, the Speaker, Ogun State House of Assembly; Hon. Tunji Egbetokun appreciated Governor Daniel for prompt implementation of resolutions and Laws Passed by the House of Assembly. The Ogun State House of Assembly Speaker pledged unflinching support for he Executive Arm of Government to attain greater height for the State in terms of development and speedy passage of the 2009 Appropriation Bill into Law.