Osun state Governor, Senator Ademola Adekeke on Thursday presented a budget Two Hundred and Seventy- Three Billion, Nine Hundred and Eight Million, Nine Hundred and Ninety -Seven Thousand, Four Hundred and Ten Naira (N273,908,997,410.00) for 2024 fiscal year to the state House of Assembly
The budget which he tagged Bugdet of reconstruction and recovery was presented to the Assembly on Thursday at a special plenary session
While presenting the budget, Gov Adeleke said this figure is made up of recurrent expenditure of One Hundred and Sixty – Five Billion, Six Hundred and Fifty – Four Million, Nine Hundred and Seventy – Six Thousand, Seven Hundred Naira (N165,654,976,700.00) and capital expenditure of One Hundred and Eight Billion, Two Hundred and Fifty – Four Million, Twenty Thousand, Seven Hundred and Ten Naira (N108,254,020,710.00).
“The tag for this budget reflects our current focus of rebuilding the battered state we inherited. It is a sign we are targeting recovery after successful revamping of all sectors of Osun society. I assure honourable members that the executive arm has the will and the determination to ensure achievements of budgetary goals once this proposal is passed into Appropriation Act.”
“Today, I am reassured of our collective partnership for a new Osun of our dream. You have in me a Governor with firm belief in executive-legislative collaboration for development.”
While thanking the Hon. Speaker and all the Honourable members of the Assembly for their mutual understanding, cooperation in their collective effort and desire to take the State to greater heights, Gov Adeleke said “without iota of doubt, whatever achievement we have recorded so far could not have been possible, but for your support.”
I therefore, on behalf of the Executive Arm express our gratitude to the entire House and hoping to receive more of such support in the coming years.
