Osun N136b Budget Scales Second Reading

Osun State 2023 Appropriation Bill of N136 billion, submitted to the House of Assembly, has scaled through second reading.
A statement by Kunle Alabi, spokesman for Speaker Timothy Owoeye, said the executive arm of the government presented the budget on September 29.

The statement said: “Speaker Owoeye at yesterday’s plenary stated that the budget estimate for 2023 has gone through some considerations at the parliamentary processes, where it was agreed to be brought to the floor for policy trust and second reading.

“The 2023 Appropriation Bill named: ‘Budget of Consolidation’, has N96,377,740,930 for recurrent expenditure, while capital expenditure is N39,888,247,710, making a total of N136,265,988,140.

“Owoeye said the 2023 estimate is about N6,509billion higher than that of 2022, quoting Governor Adegboyega Oyetola as saying that the performance of the current budget indicates that government needs to be more pragmatic, proactive and aggressive in its Internally Generated Revenue drive.”

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