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Offline graciebella

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Osun state Gov. presents N152bn budget
« on: December 27, 2018, 10:11:07 PM »
Osun state Gov. presents N152bn budget



Governor Gboyega Oyetola of Osun State on Thursday presented the sum of N152, 756, 088, 830 before the Osun State House of Assembly as the fiscal proposal for 2019.

He also promised that workers’ salary would now be paid promptly and in full.

The governor, during the budget presentation, said the era of modulated salaries had ended and workers and pensioners would now be paid full salaries and pensions as and when due.


Oyetola, who tagged the fiscal proposal as ‘Budget of Hope’, said it was largely hinged on consolidation of social security protection and welfare programmes of the immediate past administration.




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Osun state Gov. presents N152bn budget
« on: December 27, 2018, 10:11:07 PM »

Offline Isaac Adeniran

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Re: Osun state Gov. presents N152bn budget
« Reply #1 on: December 27, 2018, 10:25:57 PM »
He said N91, 957,496,420 would be spent on capital projects, while N15,870,175,600 would be spent on recurrent expenditure.


A further breakdown of the budget reveals that the sum of N36,928,416,810 would also be spent on personnel during the fiscal year.

The News Agency of Nigeria reports that projections on raising the money for the budget were hinged on statutory allocation from the Federal Government, crude oil payments, internally generated revenue and tax.

The sum of N150,298,379,020 was projected to be sourced internally and externally, comprising all the projections of the administration in raising fund for the budget.

NaijaSky

Re: Osun state Gov. presents N152bn budget
« Reply #1 on: December 27, 2018, 10:25:57 PM »


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