GOVERNOR ADEMOLA ADELEKE PRESENT YEAR 2024 DRAFT BUDGET OF OSUN STATE BEFORE THE OSHA
Osun State Governor, Ademola Adeleke, has presented the draft 2024 state budget to lawmakers of the Osun State House of Assembly.
Governor Ademola Adeleke while delivering the draft budget tagged: “Budget of restructuring and recovery” to the house said in conformity with the existing laws which stipulate that the draft Budget of the State should be presented to the House for approval before the end of the year.
According to the draft budget presented by the Governor, the draft 2024 budget is estimated at 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).
The total estimate 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).
Meanwhile, the speaker House of Assembly, Honourable, Adewale Egbedun, who read the request of the governor before the governor presented the fiscal budget read out the list of nominees for chairman of the statutory commission.
The statutory commission nominee list presented by the speaker, are Osun Electoral Commission, Osun Judiciary Commission, Osun Civil Service Commission and Osun State House of Assembly Commission.