#Ogun: Abiodun signs N350.7bn 2022 budget into law

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Ogun State governor, Dapo Abiodun, on Wednesday, signed the 2022 appropriation bill into law.

A statement by the governor’s Chief Press Secretary, Kunle Somorin, disclosed that the State House of Assembly had earlier in the day passed the exact figure of N350,735,149,739.57 contained in the State 2022 budget with adjustments in some recurrent or capital estimates of about 182 agencies.

The appropriation bill was later read and adopted clause-by-clause by the Committee of the House presided by the Speaker, Rt. Hon. Olakunle Oluomo at the plenary held at the Assembly Complex, Oke-Mosan, Abeokuta.

The Assembly in the course of the legislative process on the appropriation bill, carried out slight adjustments in the recurrent expenditures of about 144 agencies, just as the capital expenditures of 38 other agencies were equally adjusted.

The adjustments led to a reduction in the total recurrent expenditure from the initial N172.997bn to N153.180bn resulting in N19.816bn decrease, while capital expenditure was increased from N177.737bn to N197.554bn giving an increment of N19.816bn

While signing the bill at his Oke Mosan office, Governor Abiodun lauded the members of House led by the speaker Olakunle Oluomo, for the speedy, but thorough passing of the bill.

He assured that his administration would put machinery in place to ensure optimum performance of the budget.

Abiodun further said his administration would continue to espouse projects that will affect the state’s socioeconomic activities positively.

The governor, however, urged the House to continue giving the incumbent government in the state its support so that it can continue to deliver on its electoral promises.

 

 

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