Osun state governor, Ogbeni Rauf Adesola Aregbesola presented his
state's 2018 budget to the state House of Assembly on Thursday, Dec. 28
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| Osun state governor, Rauf Aregbesola (@raufaregbesola/Twitter) Osun state governor, Ogbeni Rauf Adesola Aregbesola presented his state's 2018 budget to the state House of Assembly on Thursday, Dec. 28.
The budget, tagged
'Budget Of Enduring Legacy' was estimated at N173,980,083,007. The
budget covers recurrent expenditure which is 49% of the total budget
[N85,105,590,726] and capital expenditure which covers the remaining 51%
[N88,874,492,281].
Aregbesola stated
that the estimate was prepared to consolidate the successes recorded by
his administration within the last seven years.
According
to Vanguard, Aregbesola said the budget is targeted towards completing
all the ongoing projects across the state with a view to building on the
existing development that has so far been achieved by his
administration.
He specifically mentioned that the administration will strive to complete the Oba Adesoji Aderemi Osogbo East Bypass Road.
The
governor who was remorseful in his remarks suggesting that his
administration was only able to achieve just 42.885 per cent of the 2017
budget faults the economic downturn in terms of inadequate revenue as
being responsible for the low performance.
Aregbesola
stated that the only alternative available towards the effective
implementation of the 2018 budget is for the people to pay tax payment.
The
Speaker of the House of Assembly, Honourable Najeem Folasayo Salaam
commended the governor for his commitment to the six-point integral
action plan of his administration, saying the administration has
successfully charted a new course of development for the state,
beginning from intangibles to tangibles.
Folasayo
said the seal of the administration to youth empowerment, education,
security, infrastructure development among others have placed the state
on a high pedestal.
Noting that though
there are challenges, but all indicators showed that the administration
has been successful, he said these were the basis upon which the
parliament decided to support the executive having seen the passion of
the governor to serve the people diligently.
He
acknowledged the state workforce for their support towards ensuring
that the government achieved the successes recorded so far and further
appealed to the workers to show more understanding with the government.
The
speaker then hinted that the budget would be diligently examined and
given accelerated treatment with a view to ensuring that the
administration leaves an enduring legacy as it presents its last budget.
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