By Mojisola Oladele
Osun State Governor, Senator Ademola Adeleke has presented 2024 Appropriation Bill with an estimate of Two Hundred and Seventy – Three Billion naira tagged ” Budget of Reconstruction and Recovery”.
Senator Adeleke who led other Cabinet members of the Executive made the abridged version of the Budget presentation at the floor of the State House of Assembly.
He explained that the figure is made up of recurrent expenditure of One Hundred and Sixty – Five Billion, Six Hundred and Fifty – Four Million, Nine Hundred and Seventy – Six Thousand, Seven Hundred Naira (N165,654,976,700.00) and capital expenditure of One Hundred and Eight Billion, Two Hundred and Fifty – Four Million, Twenty Thousand, Seven Hundred and Ten Naira (N108,254,020,710.00).
The Governor who noted that the tag of the budget reflects the current focus of rebuilding the battered state of Economy his administration inherited therefore all hands must be on deck to successfully revamp all sectors of Osun society.
Senator Adeleke assured the Legislators that the executive arm had the will and the determination to ensure achievements of budgetary goals as soon as the proposal is passed into Appropriation Act.
In his Speech, The Speaker of the House, Prince Adewale Egbedun said the event marks an historic occasion as it is the first budget presentation by Governor Ademola Jackson Nurudeen Adeleke and the first time the 8th Assembly will convene for this purpose.
Prince Egbedun emphasized that the top priority of government is to find solutions to the prevalent economic challenges in the state to ease the burden of Residents.
He assured that the 8th Assembly under his leadership would work diligently to ensure the timely passage of the Budget and perform oversight functions aimed public funds are utilized efficiently and effectively, with maximum benefit accruing to the people of Osun State.
In a remark after recieving the Budget Proposal from the Governor, The Chairman, Osun State House of Assembly Committee on Finance and Appropriation, Mr. Saheed Fatunmise assured that the 8th Assembly would continue to make Laws and policies in line with the Governor’s Five points agenda.
In the meantime, Prince Egbedun announced the nominees of Chairmen and members of Osun Civil Service Commission, Judiciary Service Commission, Osun Independent Electoral Commission and Osun House of Assembly Service Commission has contained in a letter from the Executive Governor of the State, Senator Ademola Adeleke.
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