Governor Biodun OyebanjiGovernor Biodun Oyebanji

Governor Biodun Oyebanji of Ekiti State officially signed the N21 billion supplementary budget, which had been duly passed by the state House of Assembly on Friday.

Following this approval, the total appropriation for the 2022 fiscal year in Ekiti State is now N122,669,039,657.27. This comprises N83,907,265,490.61 for recurrent expenditure and N38,761,774,166.66 for capital expenditure.

The initial 2022 Appropriation was N100,753,993,241.60, featuring a recurrent expenditure of N60,459,997,347.79 and a capital expenditure of N40,293,995,893.81.

Governor Biodun Oyebanji, in signing the supplementary budget, emphasized its significance in addressing current economic realities and aligning with the six pillars development agenda of his administration. He expressed confidence that the revised Appropriation would facilitate addressing numerous pressing issues crucial to the development of the state.

The governor commended the State House of Assembly members for their prompt action in prioritizing the state’s interests above all other considerations, acknowledging their swift work on passing the budget.

“One of the reasons for this ceremony is to show to the whole world that you have resolved your internal wrangling amicably and to also put pressure on you in respect of the 2023 appropriation bill before you. It is my hope that before the end of the year, we will come here again to sign that bill into law because as at today, five weeks plus have gone out of our four-year tenure without an appropriation duly passed and signed.

“I must thank you that since I became Governor, you have been of immense support, I am grateful and I promise that we will work together in the interest of our people. He said.

The Speaker, Rt. Hon. Bunmi Adelugba, earlier explained that the presentation of the supplementary budget aimed to showcase the governor’s commitment to upholding accountability, probity, and transparency in government spending.

Adelugba assured the Governor of robust and cordial working relationship with the administration to enhance its success.

The event was attended by the Deputy Governor, Chief (Mrs) Monisade Afuye, Secretary to the State Government, Dr (Mrs) Habibat Adubiaro; Head of Service, Barrister Bamidele Agbede; Commissioner for Finance and Economic Development, Mr Akintunde Oyebode; members of the State House of Assembly; members of the state executive council, and other top government officials.

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