Osun State governor, Mr Adegboyega Oyetola has signed the 2022 budget of 129.7 billion naira.

Speaking at the ceremony, Governor Oyetola commended the legislature for diligent work on the budget and noted that with 83 per cent performance of 2021 budget as at the 3rd quarter, the 2022 budget would witness an improved performance.

Governor Oyetola who said the 2022 budget was developed with a passion for human development and citizens’ welfare, solicited more support from critical stakeholders for improved budget performance.

In his remark, the speaker, Osun State House of Assembly, OSHA, Mr Timothy Owoeye noted that early presentation of the 2022 appropriation bill to the assembly by the governor gave room for thorough screening of budget proposals by government Ministries, Agencies and Departments.

Mr Owoeye who solicited prompt funding of the Osun Internal Revenue Service, OIRS, stressed the need for revenue-generating agencies and departments to double their efforts.

Earlier in a remark, the Osun State Commissioner for Budget and Planning, Professor Yinusa Olalekan noted that the budget had input from citizens across the senatorial districts in the state.

The 2022 budget christened “Budget of Sustainable Development” is 17 billion naira higher than the 2021 budget.

It has over 53 billion naira as recurrent expenditure while capital expenditure takes over 75 billion naira.

Abiodun Adeoye