Wed, 4 Dec 2024

 

Abiodun presents N472.25bn appropriation bill to Ogun Assembly
 
By: News Editor
Thu, 17 Nov 2022   ||   Nigeria, Ogun
 

The Ogun State Governor Dapo Abiodun, on Thursday, presented the fourth budget of his administration to the State House of Assembly.
The appropriation bill was presented before the lawmakers at a session presided over by the Speaker, Olakunle Oluomo.
Abiodun said a total expenditure of N472.25 billion is proposed for the State government in 2023.
According to him, N201.84 billion is proposed as recurrent expenditure, while N270.41 billion is budgeted as capital expenditure.
The Governor put personnel costs at N79.47 billion; social contribution and social benefits at N21.12 billion; public debt charge at N39.90 billion; overhead cost at N61.35 billion; while capital expenditure is N270.41billion.
In his address, Abiodun urged the leadership of the State House of Assembly to ensure that the budget be thoroughly, but expeditiously vetted and returned in earnest for his assent.
The Governor said that all the contents of the bill emanated from the wishes expressed by Ogun people at the different Budget Town Hall meetings earlier held.
He said; “I will appreciate, if we maintain our set standard of signing the Appropriation Law before 1st of January of the incoming year.”

 

 

Tag(s):
 
 
Back to News