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Nairaland Forum / Nairaland / General / Politics / Ogun Assembly Passes 210.2bn Naira As 2014 Budget Estimate (545 Views)
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Ogun Assembly Passes 210.2bn Naira As 2014 Budget Estimate by oluwashaddow(m): 5:44pm On Dec 24, 2013 |
The Ogun State House of Assembly has passed the 2014 Appropriation Law with 210.2 billion Naira (about 1.3 billion dollars), as the total budget for the year 2014. Passing the Budget, the Speaker, Rt. Hon. Suraj Ishola Adekunbi said the passage of the budget was a Christmas gift for the people of the State and pledged more rewarding service in advancing the development of the State. He directed that a clean copy of the bill be sent to the Governor for his agreement. Presenting his report earlier, the Chairman, House Committee on Finance and Appropriation, Hon.Olusola Akanbi Bankole, said that the budget process, which saw 103 Ministries, Departments and Agencies defending their budget proposal earmarked 83.6 billion Naira as recurrent expenditure, 9.3 billion Naira as consolidated revenue fund charges, while 117.3 billion Naira was Capital Expenditure proportional to revenue performance from consolidated revenue fund. The committee’s report which was later adopted as amended through a motion moved by Hon. Bankole, seconded by Hon. Bowale Solaja and supported by the whole house; was later considered clause-by-clause, after which the motion for the third reading of the bill was moved by the Majority leader, Hon. Israel Jolaoso seconded by Hon Elisabeth Anifowose. The N210.2b 2014 appropriation now has as its new title: ‘A bill for a Law to authorize the issue and appropriation of the sum of 210, 286, 624 Naira (Two hundred and ten billion, two hundred and eighty six million, six hundred and twenty four thousand naira only from the consolidated revenue fund for the services of Ogun State Government of Nigeria for the financial year ending 31st December, 2014′. The budget was passed with a marginal increase of 81 million Naira from the initial budget presented to the House by the State Governor, Ibikunle Amosun. |
Re: Ogun Assembly Passes 210.2bn Naira As 2014 Budget Estimate by Nobody: 5:57pm On Dec 24, 2013 |
d 83.6 billion Naira as recurrent this what a sensible budget should look like, no the nonsense ngozi is coming up with. |
Re: Ogun Assembly Passes 210.2bn Naira As 2014 Budget Estimate by Nobody: 7:26pm On Dec 24, 2013 |
By the time Jagaban slashed it into 3 take one for his firm's consulting services. one for the governor and HOA members. one for the people, probably budget crumbs. |
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