Osun Gov. Oyetola,3 Days To Hand Over To Adeleke, Signs N138B Budgets Into Law, Appoints 30 Perm. Sec

Osun Gov. Oyetola,3 Days To Hand Over To Adeleke, Signs N138B Budgets Into Law, Appoints 30 Perm. Sec

The Osun Governor, Adegboyega Oyetola, on Thursday night, signed the 2023 Appropriation Bill into law. The budget was passed into law by the House of Assembly on Wednesday. The 2023 budget estimate of N138 billion, is tagged: “Budget of Consolidation”.

It has Personnel Expenditure component of N45,450,655,060; Recurrent Expenditure, N53,755,885,370; total recurrent expenditure N99,206,540,430; while Capital Expenditure stands at N39,059,447,710, making the total budget size of N138,265,988,140.

Signing the Appropriation Bill into law in his office at Government Secretariat, Abere, Osogbo, Governor Oyetola announced that the 2022 budget as at the third quarter of this year had recorded 83 percent performance.

He noted that, with the passage and signing of the Appropriation Bill into law, the January-December budget cycle has come to stay.

Earlier, the Speaker of the House, Rt. Hon. Timothy Owoeye, commended the Governor of the State for making the January-December budget cycle a reality and putting Osun in an enviable state in the country as regards State budgeting.

“The January-December budget cycle is rightly put in place in the State of Osun. Our state is the first do so in the country. I congratulate my colleagues for being dutiful and upright.”

Related post

Tech Giant Apple Bids To Buy Manchester United For 5.8 Billion Pounds

Tech Giant Apple Bids To Buy Manchester United For…

US tech giant Apple is reportedly interested in buying Manchester United. United announced earlier this week that the world’s biggest football…
5 Young Boys Turn Themselves Into Fake EFCC To Defraud Delta, PHC And Owerri People

5 Young Boys Turn Themselves Into Fake EFCC To…

The police in Delta State have arrested five persons claiming to be operatives of the Economic and Financial Crimes Commission (EFCC)…
Labour Party Set To Take Over Brick House, Inaugurates 200 Campaign Council Members For Beatrice Itubo Governorship

Labour Party Set To Take Over Brick House, Inaugurates…

The Labour party has inaugurated Over 200 man campaign committee members to pilot the affair of the Governorship Candidate of the…

Leave a Reply

Your email address will not be published.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