2023: Oyo Assembly Passes Appropriation Bill Into Law

The Oyo state House of Assembly has passed into law N310.4 billion Appropriation Bill 2023.

The house during its plenary presided over by the speaker, Mr Adebo Ogundoyin on Thursday also passed the Finance and Appropriations bills 2023.

According to the budget, the recurrent expenditure stands at over 155 billion naira, while the capital expenditure stands at over N154.7 billion naira.

Also on the budget passed into law, One billion naira each was appropriated for Oke-Ogun Polytechnic Saki and Emmanuel Alayande University, Oyo.

The state Assembly after receiving the report of the House Committee on Public Account, Finance and Appropriation, chaired by Mr Akeem Mustapha, accepted and passed the Oyo state appropriation bill 2023 into law.

Speaking after the passage of the 2023 budget, Speaker of the house, Mr Adebo Ogundoyin said the house would monitor the budget through an effective oversight function and ensure its full implementation

It would be recalled that the Governor of the state, Seyi Makinde, had earlier in September presented a N310 billion budget to the House for legislative consideration and approval.

The passage of the 2023 Appropriation bill into law by the House indicated that there is no significant difference between the original appropriation presented by the governor and the amended version by the house.

Mosope Kehinde

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