Governor Adeleke submits a budget of N273bn to the Osun Assembly

The State House of Assembly received a N273 billion budget for 2024 on Thursday from Osun State Governor Ademola Adeleke.

The “Budget of Reconstruction and Recovery” is a plan that will cost an estimated 273,908,997,410 Naira, or two hundred and seventy-three billion, nine hundred and eight million, nine hundred and ninety-seven thousand, and four hundred and ten Naira.

In a statement to lawmakers during the assembly, Adeleke stated that the amount comprises capital expenditures of N108,254,020,710) and recurrent expenditures of N165,654,976,700, which are two hundred and eight billion, one hundred and fifty-four million, twenty thousand, seven hundred and ten Naira, and nine hundred and seventy – six thousand, seven hundred Naira.

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The budget’s price tag, according to Adeleke, “reflects our current focus of rebuilding the battered state we inherited.” After successfully revitalising every aspect of Osun society, he added, “It is a sign that we are targeting recovery.”

Once the plan is signed into law, Adeleke reassured lawmakers that the executive branch has the will and commitment to guarantee the accomplishment of financial targets.

“I am comforted today by our group’s collaboration for a new Osun of our dream,” he remarked. “I am a governor who firmly believes in the collaboration between the executive and legislative branches for development.”