Osun State Governor, Ademola Adeleke has presented a budget of N273.9 billion naira for the year 2024 to the Osun State House of Assembly.
Governor Adeleke while presenting the budget tagged “Budget of Reconstruction and Recovery”, said the sum of N165.6 billion naira was allocated for recurrent expenditure and N108.2 billion naira for capital expenditure.
Governor Adeleke said, “the budget is aimed at rebuilding the battered economy of the state.
“This budget presentation is in conformity with the existing laws of the state which stipulate that the budget should be presented to the House before the end of the year”.
The Speaker of the Assembly, Adewale Egbedun expressed the readiness of the House to work with the Executive arm of government to ensure the successful implementation of the budget.
“This budget will be approved with a strong sense of responsibility.
“The Assembly will deliver a budget that addresses the challenges in the state.”
Laying of the 2024 draft budget by His Excellency, Governor Ademola Adeleke @aadeleke_01 to Osun State House of Assembly, ably led by Rt Honorable Adewale Egbedun @AOEgbedun pic.twitter.com/1T7YyoaSVk
— Banks Omishore (@MrBanksOmishore) November 9, 2023
You can read the full text of the Governor’s address in the tweet below:
Speech of His Excellency, Governor Ademola Adeleke @AAdeleke_01 at the Presentation of Year 2024 Draft Budget of Osun State before the House of Assembly.
— Banks Omishore (@MrBanksOmishore) November 9, 2023
In conformity with the existing laws which stipulate that the draft Budget of the State should be presented to the House…