The Governor of Osun State, Senator Ademola Adeleke has presented the drafted 2024 budget of reconstruction to the State House of Assembly.
In the statement signed by the Governor, on Thursday, he said the presentation was in accordance to the existing laws which stipulated thag the drafted budget must be presented to the House before the end of the year.
Adeleke appreciated the Speaker and all the members of the Assembly for their mutual understanding, cooperation in collective effort and desire to take the State to greater heights.
The statement partly reads: ” On behalf of the Executive Arm, we express gratitude to the entire House and hoping to receive more of such support in the coming years.
“Hon. Speaker, I am highly delighted to present to you and honourable members of the Assembly, the 2024 draft Budget tagged “BUDGET OF RECONSTRUCTION AND RECOVERY” in the sum of 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)”.
“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 targetting 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”, the statement ended.
