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Ogun Assembly Passes 210.2bn Naira As 2014 Budget Estimate - Politics - Nairaland

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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
expenditure, 9.3 billion Naira as consolidated
revenue fund charges, while 117.3 billion Naira
was Capital Expenditure

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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