Engr. Dr. Valentine Buraimoh Promises a Debt-Free Office at 2025 Budget Retreat.
At the recent budget retreat for the 2025 fiscal year, themed “Sustainability of Renewed Hope,” organized by the budget department ably led by Mr. Oludegun Ahmed Babajide. Engr. Dr. Valentine Buraimoh, the Executive Chairman of Amuwo-odofin Local Government, made a significant announcement that resonated with attendees and stakeholders alike.
Amuwo Odofin LG Chairman,Engr.Dr. Valentine Buraimoh, making his speech during the 2025 Budget Retreat.
He declared, “I will be leaving my predecessor a debt-free office, unlike when I came into office to meet a two billion naira debt, which I have serviced leaving no kobo and making the government of Amuwo-odofin debt free” emphasizing his commitment to financial responsibility and strategic planning.
The retreat featured a dynamic session led by Mrs. Aminat Ariyibi, HOD Budget in Imota LCDA, who engaged participants in understanding the Federal Allocation Account Committee (FAAC). This session aimed to enhance clarity on budgetary processes and encourage informed discussions around aligning future financial goals with sustainable practices.
Dr. Buraimoh’s statement underscored the importance of fiscal discipline and transparency in governance. By ensuring that the office transitions without debt, he highlighted the significance of leaving a stable foundation for his successor.
In his address, Dr. Buraimoh elaborated on the efforts taken during his tenure to improve financial management and optimize resource allocation. He reflected on the collaborative spirit of his team and stakeholders that contributed to achieving this pivotal milestone.
“This achievement is not just about numbers. It embodies our collective commitment to responsible governance and the promise of a brighter future,” he stated.
The 2025 budget, developed under this guiding principle, will focus on sustainable initiatives that foster growth, development, and resilience. Stakeholders at the retreat expressed their optimism about future leadership and the strategies that will be implemented to maintain financial health and promote sustainable practices.
Engr. Dr. Buraimoh’s statement has set a positive tone for the upcoming transition of leadership, inspiring confidence in the sustainable management of resources and governance. As he prepares to hand over the reins, his legacy of fiscal prudence will undoubtedly serve as a blueprint for the incoming administration.