Posted by Samuel on Thu 09th Nov, 2023 - tori.ng
Governor Adeleke presented the budget tagged: Budget of Reconstruction and Recovery at plenary, on Thursday.
Ademola Adeleke, the Osun State Governor, has presented a budget of N273, 908, 997, 410:00 to the Osun State House of Assembly.
The budget forms part of the 2024 Appropriation Bill.
Governor Adeleke while presenting the budget tagged: Budget of Reconstruction and Recovery at plenary, on Thursday, said the budget was divided into N165, 654, 976, 700:00 for recurrent expenditure and N108, 254, 020, 710:00 for capital expenditure.
In his words, Adeleke said, “the budget is aimed at rebuilding the battered economy of the state.
“This budget presentation is in conformity with the existing laws of the state which stipulate that the budget should be presented to the House before the end of the year.
While thanking the House of Assembly for their understanding, the Governor assured that the state would be taken to greater heights.
He also sought the support of the House in the coming years.
Earlier, the Speaker of the Assembly, Adewale Egbedun expressed the readiness of the House to work with the Executive arm of government to ensure the successful implementation of the budget.
“This budget will be approved with a strong sense of responsibility.
“The Assembly will deliver a budget that addresses the challenges in the state.”