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Ogun Assembly passes N200.2bn 2016 budget

Ogun State House of Assembly- image source ogtv

Ogun State House of Assembly- image source ogtv

Ogun State House of Assembly yesterday passed the State’s 2016 Appropriation Bill of N200, 200, 453, 352.00 comprising N89.908bn recurrent expenditure and N99.291bn capital expenditure.

It reflects a marginal reduction of about N74m from the total of N200, 274,453,352 presented to the lawmakers by the State Governor, Ibikunle Amosun a month ago.

The passage of the Bill was sequel to the presentation of the report of the House Committee on Finance and Appropriation chaired by Hon. Akanbi Bankole, who later moved the motion for the adoption and was seconded by Hon. Rasaq Oduntan.

The Bill was passed with an amendment in the recurrent expenditure of the estimates of the State Ministry of Education, Science and Technology, Bureau of Tertiary Education as well as Signage and Advertising Agency.

Also, the revenue targets of the State Ministry of Information and Strategy, State Environmental Protection Agency, Judicial Service Commission, Housing Corporation, Hospital Management Board, Bureau of Information Technology and the State Hospital, Ota were slightly adjusted downwards.

The Appropriation Bill allocated N89.908bn for recurrent, N11bn for consolidated revenue fund charges, including pensions and gratuities, while N99.291bn was earmarked for capital expenditure.

At the plenary, the Speaker ordered that the clean copy of the Bill be sent to the Governor for his assent.
Meanwhile, the State government has again assured that it would not reduce its workforce in spite of the prevailing economic challenges confronting it and the country.

Secretary to the State Government (SSG), Mr. Taiwo Adeoluwa who spoke to journalists in Abeokuta yesterday, explained that rather than laying off workers, the government would continue to evolve ways of increasing its revenue base to augment the shortfall from the Federal Government Allocation.

He said the government had been able to meet up its financial obligations to workers largely due to its fiscal discipline and “unshaken commitment” to their welfare.

Adeoluwa said, “We have a Governor who believes that everything is about the people. Our Governor puts the welfare of the people at the forefront. There can’t be downsizing of the workforce’’.

Projecting into the coming year, the State scribe assured that the Amosun–led administration would not disappoint the people who freely gave him their mandate for another term in 2015 with a promise that ‘’better days are ahead in the coming year’’.



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