Ogun State Governor, Dapo Abiodun has presented N472.25 billion fourth budget of his administration to the Ogun State House of Assembly.
The appropriation bill which was presented on Thursday has N201.84 billion as recurrent expenditure, while N270.41 billion is budgeted for capital expenditure.
The budget tagged “Budget of Continued Development and Prosperity,”according to the Governor will be “driven by our revenue strategy,” it prioritises infrastructure, education, health among other functional classifications.
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 speech, Abiodun implored the leadership of the State House of Assembly to ensure that the budget is thoroughly, and expeditiously vetted and returned in earnest for his assent.
He 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.
“I will appreciate, if we maintain our set standard of signing the Appropriation Law before 1st of January of the incoming year,” he pleaded.
