On Thursday, Osun State Governor Ademola Adeleke gave the State House of Assembly a budget for N273 billion for 2024.
Two hundred and seventy-three billion, nine hundred and eight million, nine hundred and ninety-seven thousand, and four hundred and ten naira (N273,908,997,410) are the estimated amounts in the “Budget of Reconstruction and Recovery.”
Speaking to lawmakers at the assembly, Adeleke said the figure is made up of recurrent expenditure of One Hundred and Sixty–Five Billion, Six Hundred and Fifty–Four Million, Nine Hundred and Seventy – Six Thousand, Seven Hundred Naira (N165,654,976,700) and capital expenditure of One Hundred and Eight Billion, Two Hundred and Fifty – Four Million, Twenty Thousand, Seven Hundred and Ten Naira (N108,254,020,710).
“The tag for this budget reflects our current focus of rebuilding the battered state we inherited,” Adeleke said. “It is a sign that we are targeting recovery after successfully revamping all sectors of Osun society,” he said.
Adeleke assured lawmakers that the executive arm has the will and determination to ensure the achievement of budgetary goals once the proposal is passed into law.
“Today, I am reassured of our collective partnership for a new Osun of our dream,” he said. “You have in me a governor with firm belief in executive-legislative collaboration for development.”
