Breaking News

Osun begins Interview for shortlisted Teachers across the State | NEWS RELEASE My Pact with Osun People Unbreakable- Gov Adeleke. | Governor Adeleke Bags Honorary Doctorate Degree, Says God, People are my Strengths. | Ifon-Ilobu-Erin Osun Communal Crisis: Adeleke Relaxes Curfew, Now 12 midnight—4am daily | Governor Adeleke Ignores Distractions, Set to Flag Off Dualisation of Ila Orangun Township Road | HOW ADELEKE REDUCED OSUN DEBT PROFILE BY 43 PERCENT | STATES FISCAL TRANSPARENCY LEAGUE TABLE: OSUN EMERGES JOINT 5TH In Q1 2025. | GOVERNOR ADELEKE MOURNS THE PASSING OF AWUJALE. | Governor Adeleke to Aregbesola: Osun People Have not Forgotten your Sordid, Evil Records as a Governor. | MAGNATE, NDUKA OBAIGBENA, ON BIRTHDAY. | Governor Adeleke Mourns Transition of Ex-President Buhari | GOVERNOR ADELEKE EULOGISES SENATOR FADAHUNSI ON HIS BIRTHDAY. | Osun PDP Leadership Caucus Passes Votes of Confidence on Governor Adeleke, Vows to Follow Him Wherever He Goes. | GOVERNOR ADELEKE FELICITATES WITH EX-AKWA IBOM GOVERNOR, EMMANUEL UDOM ON BIRTHDAY. | NAL FELLOWSHIP: GOVERNOR ADELEKE CONGRATULATES DR LASISI OLAGUNJU | GOVERNOR ADEMOLA ADELEKE’s ACHIEVEMENT SERIES | Olubadan’s Demise: Governor Adeleke Mourns Oba Olakulehin. | Governor Adeleke Denies Defection to APC, Says I Remain in PDP. | Governor Adeleke Vows Enforcement of Procurement Laws | GOVERNOR ADELEKE CONDOLES OSOGBO MUSLIM COMMUNITY OVER THE PASSING OF IMAM ABDULAFEEZ HAROON SAMONIGONGO | Osun State to Host Global Stakeholders Conference on Sustainable School Feeding and Child Nutrition.
Webmaster April 19, 2018

Osun Assembly passes N179.2bn Appropriation Bill

The Osun State House of Assembly, Wednesday, passed the 2018 Appropriation bill of N179.2 billion. The passage of the budget followed a motion moved by the leader of the house, Mr. Timothy Owoeye and seconded by the Chairman, House Committee on Finance and Appropriation, Mr. Kamil Oyedele at the plenary in Osogbo.
 
 
The budget, as approved, has  N92.6 billion as capital expenditure, which represents 51.1 percent and N86.6 billion as recurrent expenditure,  which represents 48.9 percent. Governor Rauf Aregbesola had on December 28, 2017, presented a budget of N173.9 billion to the assembly.
 
Explaining the reason for the delay in the passage of the budget, Speaker of the  Assembly, Mr. Najeem Salaam said the lawmakers were being careful to present a budget that would be acceptable to the state. Salaam urged the state governor to release the approved budget to Ministries, Departments and Agencies of government immediately funds are available. He said this would allow the MDAs to function effectively.
 
Speaking with newsmen after the passage, the Chairman, House Committee on Information and Strategy, Mr. Olatunbosun Oyintiloye, said: “It is a budget of hope with capital expenditure higher than the recurrent expenditure. “With the sectoral allocation, I believe it is a budget for the common man, which is promising and achievable if all hands will be on deck.”

Leave a Reply

Your email address will not be published. Required fields are marked *