Governor Abiodun signs N350.735bn 2022 budget into Law

Ogun State governor, Dapo Abiodun, on Wednesday evening, December 29, 2021 signed into law 2022 appropriation budget, passed by the state house of Assembly.

In a statement by the  chief press secretary to the Governor, Kunle Somorin, the State House of Assembly had earlier in the day passed the exact figure of N350,735,149,739.57 contained in the State 2022 budget with adjustments in some recurrent and capital estimates of about 182 agencies.

Passage of the budget came barely a month after its presentation by the State Governor, Dapo Abiodun to the State House of Assembly

The Chairman, House Committee on Finance and Appropriation Olakunle Sobunkanla had earlier moved the motion for its adoption, seconded by his Vice, Ganiyu Oyedeji and supported by the whole House through a unanimous voice vote.

The appropriation bill was later read and adopted clause-by-clause by the Committee of the House presided by the Speaker, Rt Hon Olakunle Oluomo at a the plenary held at the Assembly Complex, Oke-Mosan, Abeokuta.

The Assembly in the course of legislative process on the appropriation bill, carried out slight adjustments in the recurrent expenditures of about 144 agencies, just as the capital expenditures of 38 other agencies were also adjusted.

The adjustments led to reduction in the total recurrent expenditure from the initial N172.997bn to N153.180bn resulting in N19.816bn decrease, while capital expenditure was increased from N177.737bn to N197.554bn giving an increment of N19.816bn

Signing the bill into law at his Oke Mosan office, Governor Abiodun thanked the members of House led by Olakunle Oluomo, for the speedy, but thorough passing of the bill.

He assured that his administration would put machinery in place to ensure optimum performance of the budget.

The Governor said his administration would continue to espouse projects that will affect the state’s socioeconomic activities positively.

He, however, urged the House to continue giving the incumbent government in the state its support so that it can continue to deliver on its electoral promises.