Politics
Just In: Ogun State House Of Assembly Passes N703-bn 2024 Appropriation Bill (Details)
The Ogun State House of Assembly has successfully approved the 2024 Appropriation Bill amounting to N703 billion. Initiated by Governor Dapo Abiodun on November 30, the budget proposal underwent thorough scrutiny by various government Ministries, Departments, and Agencies, defending allocated amounts before different assembly committees….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

During Thursday’s session, the assembly passed the bill after a comprehensive review of capital and recurrent expenditures, alongside the projected revenue of 18 MDAs. Titled ‘No. 011/OG/2023 – A Bill for a Law to authorize the issue and Appropriation of the sum of N703 billion from the Consolidated Revenue Fund for the Services of Ogun State Government of Nigeria for the Financial Year Ending Thirty-First day of December Two Thousand and Twenty-Four,’ the bill received unanimous support from the assembly members through a voice vote.
Chairman of the House Committee on Finance and Appropriation, Musefiu Lamidi, presented the report, moving the motion for adoption, which was seconded by Damilola Soneye. The entire house supported the adoption, and the bill was subsequently read and approved clause-by-clause during a plenary held at the Assembly Complex in Oke-Mosan, Abeokuta.
The committee’s report highlighted adjustments in recurrent expenditures for various state Ministries, including Industry, Trade and Investments; Agriculture, Forestry, Transportation, Community Development and Cooperatives, Rural Development, Culture and Tourism, Education, Science and Technology, TRACE, and State Waste Management Authority.
The Majority Leader, Yusuf Sheriff, proposed the motion for the third reading of the bill, supported by the Minority Leader, Lukman Adeleye, and endorsed by the entire house through a voice vote. The Speaker, Olakunle Oluomo, directed the transmission of the clean copy of the bill to Governor Dapo Abiodun for assent, ensuring prompt commencement of democratic dividends from the beginning of the next fiscal year.
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