Osun Assembly passes N138.2bn 2023 budget 

Osun Assembly passes N138.2bn 2023 budget 

By Olajide Idowu, Osogbo.

 

The Osun State House of Assembly passed the state’s Appropriation Bill 2023 of N138.2 billion in Osogbo on Wednesday.

 

It raised the budget estimate by N2 billion, when compared with the N136.2 billion estimate sent to it by the executive arm of government.

 

Speaker of the Assembly, Timothy Owoeye, explained that the N2 billion increase was for the take-off of the University of Ilesa, which was carved out of the Osun College of Education in Ilesa.

 

The budget was passed after the Chairman of the Committee on Finance and Appropriation, Assemblyman Taiwo Olodo, moved the motion that the appropriation bill be read for the third time.

 

He said that budget was very important and essential for the take-off of a new financial year and added that with its passage, Osun government would be ready to function in 2023.

 

Recall that Gov. Gboyega Oyetola sent the proposed budget to the House on Sept. 29.

 

Budget defence by government Ministries, Departments and Agencies (MDAs) started on Nov. 2 and ended on Nov. 9.

Share this post

Post Comment