Osun Speaker, Timothy Owoeye, orders MDAs to report before House committee as Gov. Oyetola presents 2020 Budget
The Speaker of Osun State House of Assembly, Rt (Hon) Timothy Owoeye has ordered all Ministries, Departments and Agencies of the state to report before the House committee for quick budget passage, as Gov. Gboyega Oyetola presents the 2020 budget before the state Assembly.
Mr Owoeye, made this call on Thursday during the budget presentation by the executive Governor of Osun state. Ogbeni Gboyega Isiaka Oyetola at the hallow chamber in Osogbo, the state capital
Gov. Oyetola presented the 2020 appropriations bill before the State house of Assembly which he tagged the “budget of restoration”.
The governor explained that the sole aim of the budget is to meet the yearnings and aspirations of the citizens in line with the state developmental plans.
In the restoration budget, N57,674, 993, 990 was allocated as recurrent expenditure, while N61, 875, 407, 050.00 is being budgeted for capital expenditure, totalling N119, 550, 401, 040.00 for total expenditure.
The Finance and Revenue Mobilisation Sector took the highest allocation of N23, 976, 673, 840.00, representing 38.75 per cent of the aggregate budget, while the Social Development and Welfare Sector received the lowest with N129, 930, 370.00, which represents 0.21 per cent of the total budget.
The N119 budget will be the 29th budget in the state since the creation of Osun State from Oyo State in 1991.
The chairman of the house committee on Finance and Appropriations, Hon. Taiwo Adebayo promised that the house of assembly will ensure speedy passage of the bill.
Speaker Owoeye, during his Welcome address urged committee members to report with documents before the house committees and assured that the lawmakers will work in line with the philosophy of the executive in meeting the yearning and demands of the citizens