As part of its response to the global economic melt-down, Ogun State is to effect a 12% cut in the salaries & allowances of political office holders beginning from February, 2009.

A statement by Adegbenro Adebanjo,the new chief press secretary said the decision was reached at the end of the Executive Council meeting held on Wednesday, February 4, 2009. The decision which , he added ,was unanimously reached would affect all categories of political office holders who would forgo 12% of their gross monthly pay in a voluntary move to ensure that the impact of the meltdown on the state is minimized. Governor Gbenga Daniel who presided over the meeting enjoined all and sundry to be prepared to make sacrifice for the good of the State.

Other measures which are already being implemented by the Otunba Daniel administration as a direct response to the expected shortfall from receipt from the federation account include the setting up of budget monitoring committees by Ministries, Departments and Agencies. The committees would vet expenditure, monitor spending and ensure that all government revenues are lodged in Government accounts as at when due. Measures have also been put in place to ensure that the state captures all taxes due to it especially from the towns situated in the border areas of the State.