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Just In: Makinde Presents ₦79.3b Supplementary Budget To Oyo Assembly, •Scale First Reading

Peter Olajide by Peter Olajide
October 8, 2024
in News
0
Makinde declares August 20 work-free day to mark Isese Day
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...To get all news updates, Join our WhatsApp Group (Click Here)

Governor Seyi Makinde has presented a supplementary budget sum of ₦79,337,000,000.00 (Seventy Nine Billion, Three Hundred and Thirty-
Seven Million Naira) under the 2024 fiscal year to the Oyo state House of Assembly for legislative consideration and approval.

The Speaker, Rt. Honorable Adebo Ogundoyin disclosed this while reading a message from the executive on the floor of House during Tuesday’s plenary sitting.

The supplementary budget scaled through first reading and was subsequently committed to the House Committee on Finance, Appropriation, Budget and Economic Planning for further scrutiny.

Oyo state is currently implementing the 2024 Appropriation Bill of over N438.4 billion which was approved by the House of Assembly and subsequently assented into law by Governor Makinde.

According to the governor’s message to the House, the supplementary budget would enable realigment of the recurrent and capital expenditure for
The services of Oyo State in the year ending or the 31st day of December, 2024.

More details…


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